iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

IRAS stamp duty refers to the tax imposed on certain documents and transactions. 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.

IRAS provides detailed guidelines and calculators online to help taxpayers determine the here correct stamp duty amount. It is important to check current regulations for any applicable concessions.

Timely payment ensures smooth completion of transactions.

Staying informed about stamp duty saves time and prevents complications during transactions.