Buyer's Stamp Duty
DEFINITION
Buyer's Stamp Duty is the tax a property buyer must pay to the government when purchasing a property.
ELI5
When you buy a home, you may have to pay an extra government tax on top of the price. That tax is called Buyer's Stamp Duty.
Other related terms
Deductible
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Standard Deviation
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Additional Buyer's Stamp Duty (ABSD)
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Effective Interest Rate (EIR)
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