State taxes Payroll tax Land tax

Implications from the High Court decision in Placer Dome

Source: Taxation In Australia Journal Article

Published Date: 1 May 2019


In December 2018, the High Court handed down the much-anticipated stamp duty decision in Placer Dome. Although the assessment under consideration was issued on the basis that Placer Dome was land-rich under stamp duty provisions that have since been repealed, many of the issues considered by the High Court remain significant under the current provisions in various jurisdictions. This article considers the broader implications of the decision relating to the identification of goodwill and the valuation of land and other assets, particularly in the mining context. These issues may also be relevant in a range of contexts other than stamp duty, including tax consolidation, thin capitalisation and capital gains tax.

Author Profile
Johanne Thomas

Sorry, this is subscriber only content.

To gain access to this material and much more - Subscribe Now.

(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).

Already a Subscriber? Login now


The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))


The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.


State taxes Payroll tax Land tax Miscellaneous 2019

Share this page