(i) any rental instrument for the rental of a house whose rent may be up to B$2,000; and instruments that attract a value tax: mortgages; leases/leases; and transfer of shares. Fixed customs duties apply to: whether at the time of sale or in any other way, calculated on the price or value of the price or value on the day of the transfer of these shares. If the name of the buyer has been completed: $0.10 for every $100.00 or part thereof; If the name of the buyer is not filled in: $0.30 for each $100.00 or part of it. Stamp fees are levied on a large number of documents. Customs duties are ad valorem or firm, depending on the nature of the documents. Ad valorem duties apply to: a person may submit an application for determination of the amount of duty charged to the collector on an exported instrument. To this end, the collector may require that the instruments be provided at the same time as the under-declared under oath or other supporting documents. The collector may reject this request until the necessary document and supporting documents have been provided accordingly; Do you give examples of the types of instruments or documents subject to stamp duty? (a) any act exported by or in the name of or in favour of the Government, in cases where, in the absence of such exemption, the Government would be required to pay the duty to be paid for that instrument; Stamp duty is a tax levied on documents listed in Schedule 1 of the Stamps Act (Chapter 34) before the document can be valid. (b) Any act relating exclusively to immovable property situated outside Brunei Darussalam or which relates only to things to be done from Brunei Darussalam. . In a case where an instrument or document is filed for stamping, the penalty is equal to 14 days after performance or first receipt in Brunei Darussalam, either double the amount of the deficient tax or a penalty of $10, whichever is greater.
In addition to stamp duty, a penalty must be paid as follows:If, after 14 days and within 3 months of performance or first receipt in Brunei Darussalam, twice as many defective customs duties or a fine of $10.00, whichever is greater; If after 3 months, 4 times the amount of deficient tax or a penalty of B$ 25.00 (twenty-five dollars), whichever is greater. However, in the case of an instrument collected on or after April 1, 2013, the sentence shall be imposed. . . .