Any information given here is indicative and for illustration purpose only. Whilst every effort has been made to ensure that information is correct, Gold Allianze Private Limited shall not be liable for damage and/or loss that may be caused to anyone of any error or omission in the information or as a result of reliance on or interpretation of any part of the information.
Stamp duty is a tax on executed documents relating to properties or interest in properties and shares or interest in shares. These documents include a lease, sale and purchase, gift or mortgage of property. It is not a tax on transactions.
Liability arises once the document is executed. Hence, even if the transaction has been aborted, stamp duty is still payable on the document.
A document can be presented for stamping at any time before executing (signing). However, once a document is executed (signed), stamp duty must be paid within:
- 14 days from the date of execution if the document is signed in Singapore;
- 30 days of its receipt in Singapore if the document is signed overseas.
- Penalties will be imposed on documents that are stamped late or for which stamp duty is underpaid.
|Stamp duty rates|
|Sale & Purchase of property or Transfer of property by way of gift|
|Stamp Duty Based on the Purchase Price or Market Value, whichever is higher|
|Every $100 or part thereof of the first $180,000||$1|
|Every $100 or part thereof of the next $180,000||$2|
|Every $100 or part thereof of the remainder||$3|