iras stamp duty 4.4 34
Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. This tax is relevant mainly for real estate transactions and transfer of ownership.
For property buyers, the rate depends on the purchase price or market value. Stamp duty must be paid within a specific 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.
Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share transactions in Singapore..
Using IRAS online tools can help calculate your stamp duty more info accurately.