iras stamp duty 4.4 34
Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. This tax is relevant mainly for real estate transactions and transfer of ownership.
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. 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 check here during transactions.