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Singapore Increases Holding Period and Rate for Additional Conveyance Duties on Equity Interests in Property-Holding Entities

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore (IRAS) has published an updated e-Tax Guide, Stamp Duty: Additional Conveyance Duties on Property-Holding Entities (Eighth Edition). The guide explains the Additional Conveyance Duties (ACD) that apply on qualifying acquisitions and disposals of equity interests in property-holding entities (PHEs) that primarily own residential properties in Singapore.…

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