iras stamp duty​ 4.4 34

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.

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..

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