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ARTICLE · 25 JUNE 2015

South Australia abolishes stamp duty on non-real property transactions – effective immediately

SA has abolished stamp duties on all non-real property transactions, and will for certain real property transactions.

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Key Points:

South Australia has abolished stamp duties on all non-real property transactions, and will abolish it for certain real property transactions

In its budget handed down yesterday South Australia has abolished stamp duties on all non-real property transactions, effective immediately.

This means that transfers of shares in a company registered in South Australia, transfers of debts, business assets such as goodwill etc. on transactions that occurred on or after 18 June 2015 are no longer liable for duty.

As part of the 2015-16 State Budget, the Government on 18 June 2015 announced the following stamp duty measures:

  • abolition of duty on non-quoted marketable securities;

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