iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

IRAS stamp duty regulations is collected by the Inland Revenue Authority of Singapore on qualifying instruments. Commonly, stamp duty applies to property purchases, leases, and share transfers.

The amount of stamp duty varies depending on the type and value of the transaction. Stamp duty must be paid within a click here specific period after the document is executed, usually within 14 days.

IRAS provides detailed guidelines and calculators online to help taxpayers determine the correct stamp duty amount. It is important to check current regulations for any applicable concessions.

Proper knowledge helps avoid legal issues and unexpected costs..

Staying informed about stamp duty saves time and prevents complications during transactions.