ArticleTenements Update: costs savings and stamp dutyThis update discusses tenement management costs savings and stamp duty proposals introduced for the NSW mining industry.AustraliaEnergy and Natural ResourcesSparke Helmore Lawyers
ArticleDissolving strata title and the potential for capital gains tax (CGT) liabilityThe paper points out the potential for capital gains tax liability on owners of lots in a strata title that is dissolved.AustraliaReal Estate and ConstructionStacks Law Firm
ArticleRebates for foreign developers and changes for first home owners – a review of the new NSW stamp duty regimeThe aim of both of these recent amendments to the NSW stamp duty regime is to increase housing affordability in NSW.AustraliaReal Estate and ConstructionHolding Redlich
ArticleLand tax policy changes to watch in NSW & QLDLand tax and property ownership is an issue on the agenda of all Australian governments.AustraliaTaxAvant Law
ArticleMixed Use Land for Primary Production? Whether Mixed Use Land is Exempt from Stamp DutyWylarah Pastoral Co Pty Ltd ATF Tallong Family Trust v Chief Commissioner of State Revenue [2024] NSWCATAD 366AustraliaTaxPointon Partners
ArticlePersonal rights not an interest in WA land: no dutiesInterests in WA exploration licences will only be dutiable if they confer a legal or equitable interest on the taxpayer.AustraliaTaxClayton Utz
ArticleProposed laws to require purchasers to withhold and to pay ATO 10 percent of a foreign resident vendor's sale proceedsThis new obligation to withhold payment applies to everyone who contracts to buy certain taxable Australian property.AustraliaTaxHolding Redlich
ArticleSRO in Victoria issues draft ruling on service fees and the economic entitlement provisionsThis draft ruling clarifies the application of economic entitlement provisions in the Duties Act 2000 to service fees.AustraliaTaxMadgwicks
ArticleStamp duty exemptions and concessions on property purchases in NSWExemptions or concessions on stamp duty could apply when contemplating the purchase or transfer of NSW real estate.AustraliaTaxColin Biggers & Paisley
ArticleVictoria SRO Ruling Alert: Sub-sale duty updateThe sub-sale duty regime was introduced as an anti-avoidance measure to prevent land transfer duty being circumvented.AustraliaTaxPCL Lawyers
ArticleVictorian Government Announces Commercial And Industrial Property Tax ReformAs part of the 2023-24 State Budget, the Victorian Government announced significant reform to stamp duty for commercial and industrial properties that will take effect from 1 July 2024. AustraliaTaxAlvarez & Marsal
ArticleVictorian State Revenue Office alert - overhaul of land tax, duties and other taxesSignificant changes to be introduced to the VRLT regime & land tax, WFT & duties through the introduction of the STA & OAA Bill.AustraliaTaxPCL Lawyers
ArticleJobKeeper – New rules for calculating a decline in turnover for service entitiesA service entity is an entity, often a trust, that provides services to a related entity that is the operating business.AustraliaCoronavirus (COVID-19)Cooper Grace Ward
ArticleLimited recourse borrowing arrangements (LBRA) for self-managed superannuation funds (SMSF)This alert looks at key issues in paying out LRBAs in SMSFs and transferring the property to the trustee of the SMSF.AustraliaFinance and BankingHopgoodGanim
ArticleIt's about the land, not the owner: how Qld local governments should categorise land for ratesQld local councils must follow the clear intention of rating policies to determine the most suitable use for the land.AustraliaGovernment, Public SectorCorrs Chambers Westgarth
ArticleDuties Act amendments to have widespread implications for home builders in VictoriaThe impact of amendments to the Duties Act 2000 (Victoria). .AustraliaReal Estate and ConstructionClayton Utz
ArticleLandlords under leases entered into before 30 June 2009 can recover land tax payable from 30 June 2010 -- at least for nowThe Wyatt Court decision may be reversed on appeal or the Queensland government may legislate to overcome its effects.AustraliaReal Estate and ConstructionCorrs Chambers Westgarth
ArticleMaking value capture work in Australia to fund public infrastructureRecent research suggests that it may be possible to implement value capture taxes on a more equitable basis.AustraliaReal Estate and ConstructionClayton Utz
ArticleNomination under a contract of sale and stamp duty consequences in Victoria – A timely reminderWhen a nomination under a contract of sale is made after there has been land development, duty will be assessed twice.AustraliaReal Estate and ConstructionMadgwicks