No party to the application may have previously occupied a dwellinghouse, holiday house, flat or home unit (except as a minor) either in South Australia, Australia or elsewhere. WA Stamp Duty /Transfer duty is
Stamp Duty Is Now Payable on Call Option Nominations in NSWMaier, Brendan
From 1 January 2018, some small businesses may be eligible to seek exemption from paying NSW stamp duty on certain types of insurance. Find out more at QBE.
The Revenue Legislation Further Amendment Bill 2024 was introduced into parliament on Wednesday 16 October 2024. The Bill includes amendments to the Duties Act 1997 (NSW) and Land Tax Management Act 1956 (NSW) (the Acts) which provide for the application of tho...
It is unclear whether the Bill operates to prevent a “no duty risk” counterfactual. The consequence of this for a proposed transaction is that if duty was immediately payable on the transaction, a taxpayer cannot assert that it would not have proceeded with the transaction on the basis that...
What does the ACT have on offer for first-home buyers? Offers are already sweeter for first home buyers in the ACT, with most completely exempt from paying duty if the property costs less than $1 million. If the purchase price exceeds that, the buyer pays reduced duty. ...
NSW Small Business Stamp Duty Exemption Declaration This declaration covers policies effected or renewed during the current financial year. The New South Wales Small Business stamp duty exemption came into effect on 1 January 2018 and applies to small businesses domiciled in NSW with turnover of ...
Saunders, Megan
Stamp duty cuts in NSW.Reports on the New South Wales government's announcement that the stamp duty has been abolished on homes worth up to $200,000 in Sydney's metropolitan area and up to $175,000 in country areas.MaddenBrucePersonal Investor...
The article reports on the plan of international airline companies to impose stamp duty in New South Wales. The industry is concerned about the issue because the country will become less attractive if it will follow other states in imposing stamp duty on their insurance policies leading to ...