iras stamp duty 4.4 34
iras stamp duty 4.4 34
Blog Article
IRAS stamp duty is collected by the Inland Revenue Authority of Singapore on qualifying instruments. Commonly, stamp duty applies to property purchases, leases, and share transfers.
The amount of stamp duty varies depending on the type and value of the transaction. Failure to pay click here on time can result in penalties and fines.
IRAS provides detailed guidelines and calculators online to help taxpayers determine the correct stamp duty amount. It is important to check current regulations for any applicable concessions.
Proper knowledge helps avoid legal issues and unexpected costs..
If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.