Question
ACC213: Introduction to Income tax Explain what Stamp duty is under Section 4(1) of the Stamp Duties Act (Cap 312) and examine whether Stamp duty
ACC213: Introduction to Income tax
Explain what Stamp duty is under Section 4(1) of the Stamp Duties Act (Cap 312) and examine whether Stamp duty is applicable for the instruments tabulated below. Your assessments must include the reasons or appropriate references to the Stamp Duties Act (Cap 312) in Singapore.
| 1 | A mortgage agreement executed outside Singapore for a residential property in Singapore. |
| 2 | A mortgage agreement for a non-residential property in Singapore. |
| 3 | A sale and lease-back agreement for a non-residential property in Malaysia. |
| 4 | A lease agreement for rent of furniture and fixtures in a residential property in Singapore. |
(10 marks)
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
