iras stamp duty​ 4.4 34

IRAS stamp duty regulations refers to the tax imposed on certain documents and transactions. This tax is relevant mainly for real estate transactions and transfer of ownership.

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.

IRAS provides detailed guidelines and calculators online to help taxpayers determine the correct stamp duty amount. It is important to check current regulations here for any applicable concessions.

Timely payment ensures smooth completion of transactions.

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