iras stamp duty 4.4 34
IRAS stamp duty 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. Failure to pay on time can result in penalties and fines.
Resources click here include step-by-step instructions and examples for different scenarios. It is important to check current regulations for any applicable concessions.
Timely payment ensures smooth completion of transactions.
If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.