iras stamp duty​ 4.4 34

Stamp duty in Singapore by IRAS refers to the tax imposed on certain documents and transactions. 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. Failure to pay on time can result in penalties click here and fines.

These tools simplify compliance and ensure accurate payment. It is important to check current regulations for any applicable concessions.

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

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