Iras-Stamping Of Tenancy Agreement
September 24, 2021
The contract is treated as executed at the time you sent the message to the seller informing them that you have accepted their offer to purchase the property. As you were in Singapore when you accepted the seller`s offer, the contract is treated as performed in Singapore. Yes. Your message to your friend via an internet-based messaging service like WhatsApp represents an electronic record. If a transaction is carried out by an oral communication and an electronic record and the transaction is concluded by the electronic record, the electronic record is an electronic document subject to stamp duty. As such, you should pay stamp duty on the lease. .