iras stamp duty​ 4.4 34

Stamp duty in Singapore by IRAS refers to the tax imposed on certain documents and transactions. 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.

Resources include step-by-step instructions and examples for different scenarios. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.

Overall, click here 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 during transactions.