iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

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IRAS stamp duty regulations 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 get more info 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.

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.