iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

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Stamp duty in Singapore by IRAS is collected by the Inland Revenue Authority of Singapore on qualifying instruments. This tax is relevant mainly for real estate transactions and transfer of ownership.

For property buyers, the rate depends on the purchase price or market value. Stamp duty must be paid within a specific period after the document is executed, usually within 14 days.

Resources include step-by-step instructions and examples for check here different scenarios. 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..

If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.