The letter of offer falls under the scope of sub-item 22(1)(b) of the First Schedule of the Act. It then follows that the letter of offer falls squarely within the Order and should be stamped at the rate of 0.1%. As such, the excess stamp duty paid should be remitted to the t...
Stamp duty Stamp duty is levied at rates between 1% and 4% of the value of property transfers, and at 0.3% on share transaction documents. Other rates will apply depending on the instrument required to be stamped. Net wealth/worth tax or inheritance/estate tax There is no net wealth/net ...
The Internal Security Act is an Act of Parliament formulated to suppress the communist insurgency and to arrest the communists at that period of time. Ironically, the PAP’s ( later DAP) Member of Parliament for Bungsar (now Bangsar) , Mr Devan Nair supported the ISA Bill earlier then.***...
I prefer the official in discharging his duties to act professionally and to say things professionally, that means to keep his opinions to himself and to those he should advice. Giving such opinions to open press doesn’t reflect such professionalism made worse when he isn’t a subject matter ...
The key findings are as follows: (1)(a) smart tenancies can and should be stamped when the user interface stipulates the information required for calculation of stamp duty; (1)(b) smart tenancies service provider have to comply with the Electronic Commerce Act 2006 to ensure that the system...