iras stamp duty​ 4.4 34

IRAS stamp duty refers to the tax imposed on certain documents and transactions. Stamp duty affects buyers and sellers involved in property deals.

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.

IRAS provides detailed guidelines and calculators online to help taxpayers determine the correct stamp duty amount. Some transactions more info qualify for reduced rates or exemptions based on eligibility criteria.

Timely payment ensures smooth completion of transactions.

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