iras stamp duty​ 4.4 34

Stamp duty in Singapore by IRAS is collected by the Inland Revenue Authority of Singapore on qualifying instruments. Stamp duty affects buyers and sellers involved in property deals.

Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as foreigners or companies. Stamp duty must be paid within a specific period after the document is executed, usually within 14 days.

These tools simplify compliance and ensure accurate payment. here 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 is essential.