iras stamp duty​ 4.4 34

IRAS stamp duty regulations refers to the tax imposed on certain documents and transactions. 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. Payment can be made electronically or at designated IRAS service counters.

IRAS provides detailed guidelines and calculators online to help taxpayers determine the correct stamp duty amount. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.

Proper knowledge helps avoid legal issues and unexpected costs..

Using IRAS online tools can help calculate your more info stamp duty accurately.