iras stamp duty​ 4.4 34

Stamp duty in Singapore by IRAS 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.

Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as more info foreigners or companies. Payment can be made electronically or at designated IRAS service counters.

Resources include step-by-step instructions and examples for different scenarios. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.

Timely payment ensures smooth completion of transactions.

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