iras stamp duty 4.4 34
IRAS stamp duty regulations refers to the tax imposed on certain documents and transactions. Commonly, stamp duty applies to property purchases, leases, and share transfers.
The amount of stamp duty varies depending on the type and value of the transaction. Payment can get more info 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. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.
Proper knowledge helps avoid legal issues and unexpected costs..
Staying informed about stamp duty saves time and prevents complications during transactions.