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LexisNexis Annotated Statutes of Singapore - Stamp Duties Act

LexisNexis Annotated Statutes of Singapore - Stamp Duties Act

Author: Mr Tan Kay Kheng; Mr Leung Yew Kwong
Publisher: LexisNexis Singapore
ISBN: 9789812368485
Published In: January 2010
Format: Paperback
Jurisdiction: Singapore ? Disclaimer:
Countri(es) stated herein are used as reference only

New Edition is available now !

Description
Contents

Details

The third volume of this LexisNexis Annotated Statutes of Singapore series which focuses on the Stamp Duties Act, provides an excellent resource for the many interesting and significant developments in Stamp Duties especially in recent years. It comprehensively explains how stamp duty can impact businesses, families and individuals in relation to documents used in their commercial and non-commercial dealings.

This volume addresses, in particular, all the important changes in the last decade, whether they arose from legislative changes or from decisions of the Singapore courts. It covers the latest changes made in 2010 such as the re-introduction of the seller's duty and a remission for mergers and acquisitions. The book also identifies and discusses some of the anomalies which may arise from how stamp duty is to be applied under the provisions of the Stamp Duties Act. It also highlights and explains the different cases of obtaining a remission of duty.

Major areas covered in this book include transfer of assets involving not just companies but also business trusts, statutory bodies and limited liability partnerships, transfer of assets from a firm converting to a limited liability partnership, real estate investment trusts and Islamic financing and debt securities. Project financing, securitisation companies, conveyance directions and abortive sales, the re-introduction of a seller's duty in the sale and purchase of residential properties and mergers and acquisitions (M&A) are also addressed extensively.

An authoritative resource on the Stamp Duties Act and a must-have for practitioners in the field and business enterprises, this book provides a timely resource for those who need to explore or understand this area of law.

An Overview of the Stamp Duties Act (Chapter 312, 2006 Rev Ed)

A Introduction
B Brief Historical Developments Relating to the Stamp Duties Act
C Promoting Singapore as a Financial Centre
D Stamp duty As a Tool for Socio-Economic Policy
E General Principles of Stamp Duty
F Tax Planning
H Anti-Avoidance
I International Cooperation

Part I: Preliminary

Part II: Provisions Applicable to Instruments Generally

Part III: Provisions Applicable to Particular Instruments

Part IV: Liability for Payment of Duty

Part V: Adjudication as to Stamps

Part VI: Time of Stamping Instruments

Part VII: Instruments Not Duly Stamped

Part VIII: Allowance for Spoiled Stamps

Part IX: Offences and Penalties

Part X: Miscellaneous

The Schedules

First Schedule ? Instruments Chargeable with Stamp Duty
Second Schedule ? Instruments Which May be Stamped with Impressed or Adhesive Stamps
Third Schedule ? Stamp Duty Payable by Whom
Fourth Schedule ? Adjudication Fees
Fifth Schedule ? Valuation Fees