iras stamp duty 4.4 34
iras stamp duty 4.4 34
Blog Article
Stamp duty in Singapore by IRAS refers to the tax imposed on certain documents and transactions. 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 counters.
IRAS provides detailed guidelines and calculators online to help taxpayers determine the correct stamp duty amount. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.
Overall, understanding IRAS stamp duty requirements is crucial for anyone more info involved in property or share transactions in Singapore..
Using IRAS online tools can help calculate your stamp duty accurately.