iras stamp duty 4.4 34
IRAS stamp duty is collected by the Inland Revenue Authority of Singapore on qualifying instruments. 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.
These tools simplify compliance and ensure accurate payment. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.
Proper knowledge helps avoid legal issues and unexpected costs..
If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules click here is essential.