iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

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Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. 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. Stamp duty must be paid within a specific click here period after the document is executed, usually within 14 days.

Resources include step-by-step instructions and examples for different scenarios. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.

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.