iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

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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. Payment can be made electronically or at designated IRAS service counters.

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