iras stamp duty 4.4 34
iras stamp duty 4.4 34
Blog Article
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.
For property buyers, the rate depends on the purchase price or market value. 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 get more info qualify for reduced rates or exemptions based on eligibility criteria.
Proper knowledge helps avoid legal issues and unexpected costs..
Staying informed about stamp duty saves time and prevents complications during transactions.