Before 1st January 1965 | From the date of death to the date of payment of the estate duty | 4% per year on the amount of the unpaid estate duty. |
On or after 1st January 1965 and before 1st January 2005 | 1. From the date of death to the date of payment of the estate duty or the expiration of 6 months from the date of death, whichever first occurs. | 3% per year on the amount of the unpaid estate duty except that the Commissioner shall reduce the rate to zero if he is satisfied that the estate duty return received within 6 months after the date of death is complete and without omission of assets. |
| 2. If any part of the estate duty is not paid within 6 months from the date of death, from the expiration of those 6 months to the date of payment of that part of the estate duty or the expiration of 18 months from the date of death, whichever first occurs. | 6% per year on the amount of the unpaid estate duty except that the Commissioner shall reduce the rate to 3% per year if he is satisfied that there was reasonable cause for the delay in payment or furnishing information to the Commissioner. |
| 3. If any part of the estate duty is not paid within 18 months from the date of death, from the expiration of those 18 months to the date of payment of that part of the estate duty. | 12% per year on the amount of the unpaid estate duty except that the Commissioner shall reduce the rate to 6% per year if he is satisfied that there was reasonable cause for the delay in payment or furnishing information to the Commissioner. |
On or after 1st January 2005 | 1. For the first 6 months after the date of death | 0%. |
| 2. From the date 6 months after the date of death to the — (a) date of receipt of an estate duty return without omission of assets; (b) date of notice of assessment; (c) date of full payment of the estate duty; or (d) expiration of 18 months from the date of death, whichever first occurs. | 6% per year on the amount of the unpaid estate duty except that if the Commissioner is satisfied that there was reasonable cause for not filing an estate duty return without omission of assets, or for the delay in filing the estate duty return or furnishing information, he may reduce the rate charged to a rate not less than the prevailing prime lending rate of banks in Singapore. |
| 3. From the date 18 months after the date of death to the — (a) date of receipt of an estate duty return without omission of assets; (b) date of notice of assessment; or (c) date of full payment of the estate duty, whichever first occurs. | 12% per year on the amount of the unpaid estate duty except that if the Commissioner is satisfied that there was reasonable cause for not filing an estate duty return without omission of assets, or for the delay in filing the estate duty return or furnishing information, he may reduce the rate charged to a rate not less than the prevailing prime lending rate of banks in Singapore. |
