iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. Stamp duty affects buyers and sellers involved in property deals.

Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as foreigners or companies. Payment can be made electronically or at designated IRAS service more info counters.

These tools simplify compliance and ensure accurate payment. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.

Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share transactions in Singapore..

Using IRAS online tools can help calculate your stamp duty accurately.