iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

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IRAS stamp duty 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. Failure to pay on time can result in penalties and fines.

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

Proper more info knowledge helps avoid legal issues and unexpected costs..

If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.