Singapore Real Estate Property TaxThe tax is imposed on owners of land and buildings in Singapore.
The 0%-20% tax rate is imposed on the assessable value of the property.
The rates for residential property are:
- Non owner occupied property-10%-20%.
- Owner occupied property- 0%-16%.
- For non residential property the tax rate is 10%.
Singapore Stamp DutyStamp duty is imposed on documents relating to real estate and shares as described in the Stamp Duty Law.
Buyer's stamp duty ranges from 1% to 3% on purchase of property.
Seller's stamp duty ranges from 12% to 15%.
Singapore Real Estate Transfer TaxThere is no real estate transfer tax in Singapore.
Singapore Inheritance and Gift TaxThere are no inheritance and gift taxes in Singapore.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
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