IRAS stamp duty regulations is collected by the Inland Revenue Authority of Singapore on qualifying instruments. This tax is relevant mainly for real estate transactions and transfer of ownership.
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 executed, usually within 14 days.
Resources include step-by-step instructions and examples for different scenarios. 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 click here duty accurately.
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