iras stamp duty​ 4.4 34

Wiki Article

IRAS stamp duty 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.

For property buyers, the rate depends on the purchase price or more info market value. 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. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.

Proper knowledge helps avoid legal issues and unexpected costs..

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