Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. Commonly, stamp duty applies to property purchases, leases, and share transfers.
For property buyers, the rate depends on the purchase price or market value. Stamp duty must be paid within a specific period after the document is executed, usually within 14 days.
Resources include get more info 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.
Staying informed about stamp duty saves time and prevents complications during transactions.
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