Stamp Duty Is Now Payable on Call Option Nominations in NSWMaier, Brendan
That’s because NSW – a Liberal-run state – has plans to completely overhaul its property tax system in ways that are not so dissimilar to a program of reform the ACT’s Labor-Greens Government first embarked on more than a decade ago. The two states are now the only jurisdictions in ...
Stamp Duty Formula URGENT Hi guys, im just making a simple spread sheet and need to work out a formula for NSW stamp duty: on sheet 1 i have the house value in cell B3, and on sheet 2 i have the stamp duty amounts so i can have them separate/not visible from sheet 1: $0 - ...
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 ...
NSW mini-budget]]>Saunders, Megan
The NSW Government has introduced a Bill which, if enacted, will significantly change the current stamp duty regime within theDuties Act 1997(NSW) (Act). These amendments have been introduced 16 months after the Government announced its proposal to phase-out stamp duty in favour o...
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...
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...
NSW build-to-rent land tax and stamp duty reformsMulyono, CherieTaxation in Australia
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 ...