Assets and sub-fund identification
Property acquisitions can attract BSD and residential ABSD, disposals can attract SSD, share acquisitions share duty, and qualifying PHE equity dealings ACD. Instruments between an umbrella VCC and its sub-funds, or between sub-funds, can also be dutiable. State the sub-fund details in the instrument; allocating an asset later may create another charge.
Deadlines and relief limits
Stamp Singapore-executed documents within 14 days and overseas-executed documents within 30 days of receipt here. Certain uninstrumented internal chargeable-asset transactions require notice within 14 days. Section 15 relief does not apply to asset transfers between VCCs; Section 74 remission requests are considered case by case. VCC share duty uses the higher of consideration or share value.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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