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Dec 23, 2020 · The 2020 Stamp Duty Law will enter into force on January 1, 2021. Stamp Duty Tarriff. The 2020 Stamp Duty Law introduces a single stamp duty tariff of Rp10,000 (ten thousand Rupiah).
Jul 2, 2020 · Consequent upon the amendment, ‘electronic documents’ are now liable to stamp duties such that stamp duties are required to be paid within 30 to 40 days after they have been executed or...
- Private Valuers
- Valuation
- Valuation Report
- Objections to valuation
- Professional Regulation of Valuers
Regulation 3 of the Regulations empowers the Chief Government Valuer to appoint private valuers to carry out a valuation of a property for stamp duty purposes. This is a change from the previous position where only government valuers could carry out such a valuation. The private valuer has to apply using the prescribed form and prove that they are ...
Under Regulation 4 of the Regulations, a transferee of land or their authorized representative is required to apply to the Chief Government Valuer for the valuation of the property for purposes of ascertaining the stamp duty payable. This application should be made electronically, and the applicant can choose either to have a government or a privat...
Regulation 5 requires that a valuation report be submitted to the Chief Government Valuer within 21 days if conducted by a government valuer, and if conducted by a private valuer, the report should be submitted immediately after the transferee pays for it. Further, under Regulation 5(2), the valuation report presented to the Chief Government Valuer...
Pursuant to Regulation 9, if one is dissatisfied or aggrieved with the valuation report, they may lodge an objection; with the Chief Government Valuer within 21 days of receiving the notification of approval of the valuation by the Chief Government Valuer. However, this period may be extended for not more than 1 year; on the grounds that the object...
Regulations 6 and 14 prescribe additional professional regulation mechanisms for valuers. Valuers are required to conduct themselves professionally and in line with the standards of practice while rendering valuation services, and where a valuer commits professional malpractice, they may be reported to the Valuers Registration Board which may sanct...
Jun 4, 2020 · Atletico Madrid forward Diego Costa has avoided a six-month prison term - but will have to pay a fine of €543,208 (£485,324) for tax fraud. Costa, 31, pleaded guilty to defrauding the state of...
Jun 4, 2020 · Costa, 31, pleaded guilty to defrauding the state of more than €1m by not declaring payments of over €5.15m from his 2014 move to Chelsea in the UK.
15 October 2020. EY Tax Alert. HC rules that an amendment to adopt stamp duty valuation prevailing on the date of agreement to transfer capital asset being land or building or both is curative and retrospective in nature. 1 [TS-520-HC-2020(MAD)]
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Oct 1, 2021 · 3 October 2021. By Kevin Peachey. Personal finance correspondent, BBC News. Home buyers have benefitted from lower or no stamp duty, a tax paid on property purchases, in some parts of the UK,...
