Asked by e***@iras.gov.sg
Hi there, I note that your website states that under the COVID-19 (Temporary Measures) Act, to qualify for the ABSD extension for the married couples remission, "the second property will need to be purchased on or AFTER 1 June 2020 and the schedule for the sale of the first property expired on or after 1 Feb 2020".
However, according to the Min Law press release, the condition is stated as "The couple's second residential property was jointly purchased on or BEFORE 1 June 2020".
Please also see https://www.mlaw.gov.sg/news/press-releases/temporary-relief-measures-for-property-sector-due-to-covid-19-pandemic and https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property/remission-of-absd-for-a-married-couple
We seek your help to duly amend the content of your website please.
Thank you
However, according to the Min Law press release, the condition is stated as "The couple's second residential property was jointly purchased on or BEFORE 1 June 2020".
Please also see https://www.mlaw.gov.sg/news/press-releases/temporary-relief-measures-for-property-sector-due-to-covid-19-pandemic and https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property/remission-of-absd-for-a-married-couple
We seek your help to duly amend the content of your website please.
Thank you
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