iras stamp duty 4.4 34
iras stamp duty 4.4 34
Blog Article
IRAS stamp duty regulations is a government levy applied on legal documents related to property and shares. Stamp duty affects buyers and sellers involved in property deals.
The amount of stamp duty varies depending on the type and value of the transaction. Stamp duty must be paid within a specific period after the document is iras stamp duty 4.4 34 executed, usually within 14 days.
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.
Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share transactions in Singapore..
Staying informed about stamp duty saves time and prevents complications during transactions.