iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. This tax is relevant mainly for real estate transactions and transfer of ownership.

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. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.

Proper knowledge helps avoid legal issues and unexpected costs..

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