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. 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. Failure to pay on time can result in penalties and fines.
These tools simplify compliance and ensure accurate payment. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.
Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share transactions in Singapore..
If you check here plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.