Common stamp duty pitfalls for SMEs

Published on 28 Feb 2014 | Took place at City West Receptions, West Perth, WA

Next year will mark 5 years of the Duties Act but many common pitfalls remain. With a focus on SMEs, this seminar will explore some of these pitfalls and practical suggestions for how to deal with them, including:

• change of purchaser and nominees – how to prevent double duty
• options, including put and call options
• conditional contracts – when do I need to lodge and pay?
• cancelled contracts – what is required to get the duty back?
• transfers from deceased estates
• transfers to and from trusts (including super funds and instalment trusts) – when is duty payable and what exemptions are available?
• issue and transfer of shares/units – when will the landholder rules be an issue?
• transfers of businesses.