Important: Reset your password We've made some changes to our website. You will need to reset your password to access your account, access online books, purchase items from our online shop, or download papers from the Tax Knowledge eXchange.
Published on 26 Jul 12
by NATIONAL DIVISION, THE TAX INSTITUTE
The mining sector can give rise to transactions that produce unexpected stamp duty outcomes. This paper looks at some of the pitfalls that can arise and the impact that the federal MRRT might have on the stamp duty regime, including:
mining tenements - when are they interests in land?
mining leases - how are they taxed?
off take agreements - sales of goods?
mining equipment - fixtures or not?
farm-in agreements - what are the rules?
royalty agreements - duty characterisation
MRRT - what is the impact on duty?
Amrit Macintyre FTIA is a Partner at Baker and McKenzie in Sydney. He practices in indirect taxes, including GST and stamp duty. He was admitted to practice in 1988. He is the co-author of the CCH GST Guide loose-leaf service and the CCH Stamp Duty loose-leaf services. He is also the co-author of “GST and the Financial Markets”. He sits on the Taxation Institute Climate Change ubcommittee Current at 28 May 2008Current at 26 June 2008
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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.
We've made some changes to our website. You will need to reset your password to access your account, access online books, purchase items from our online shop, or download papers from the Tax Knowledge eXchange.
To reset your password, click on 'Reset password' below.