iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

Stamp duty in Singapore by IRAS is collected by the Inland Revenue Authority of Singapore on qualifying instruments. Stamp duty affects buyers and sellers involved in property deals.

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 read more 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.

Timely payment ensures smooth completion of transactions.

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