iras stamp duty 4.4 34
iras stamp duty 4.4 34
Blog Article
IRAS stamp duty regulations is collected by the Inland Revenue Authority of Singapore on qualifying instruments. 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. Failure to pay on time can result in penalties and fines.
These tools simplify compliance and ensure accurate payment. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.
Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share website transactions in Singapore..
Using IRAS online tools can help calculate your stamp duty accurately.