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 |
Transfer of shares by way of sale or gift
This rate applies to the transfer of both preference and ordinary shares.
| |
Duty
|
Based on the Consideration or Net Asset Value, whichever is higher
- Every $100 or part thereof
|
$0.20
|
Lease / Tenancy of property
|
Where the lease term is for a period |
| Where the annual rent exceeds $1000 |
Up to 1 year
|
More than 1 year and up to 3 years
|
More than 3 years or for an indefinite term
|
| For every $250/- or part thereof of the average annual rent |
$1 |
$2 |
$4 |
Mortgage
Based on the amount of facilities granted on mortgage of immovable property or stocks and shares
|
Every $1,000 or part thereof
|
$4 (Maximum duty payable is $500)
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