Singapore: Guidance on stamp additional conveyance duties on property-holding entities
Key revisions in eighth edition of e-Tax Guide
The Inland Revenue Authority of Singapore (IRAS) published the eighth edition of its e-Tax Guide titled, Stamp Duty: Additional Conveyance Duties on Property-Holding Entities.
Key revisions include:
- An extended holding period for additional conveyance duties for sellers from three to four years for acquisitions on or after July 4, 2025
- An increased rate from 12% to 16% for documents executed on or after this date
Relevant guidance pages on the IRAS website have also been updated to reflect these changes.
For more information, contact a KPMG tax professional in Singapore:
Audrey Wong | audreywong@kpmg.com.sg
Han Swee Peng | sweepenghan@kpmg.com.sg