iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

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Stamp duty in Singapore by IRAS refers to the tax imposed on certain documents and transactions. This tax is relevant mainly for real estate transactions and transfer of ownership.

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.

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 click here is essential.