iras stamp duty 4.4 34
Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. Commonly, stamp duty applies to property purchases, leases, and share transfers.
Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as foreigners or companies. Stamp duty must be paid within a 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. Some transactions qualify for iras stamp duty 4.4 34 reduced rates or exemptions based on eligibility criteria.
Proper knowledge helps avoid legal issues and unexpected costs..
If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.