On 13 January 2011, the Seller Stamp Duty (SSD) was revised with an extension of the holding period for imposition of SSD on residential properties. The rule applies to residential properties which are acquired on or after 14 January 2011 and is disposed or sold within 4 years of acquisition. The rate is a per cent of the selling price or valuation price, whichever is higher. It varies according to the holding period of the property.
Submitted: July 10th, 2014
Last Bid Date: July 10th, 2014
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