Published on 10 Aug 00
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
The significant difference between the duty chargeable on conveyances of realty and that chargeable on conveyances of shares give rise to the possibility of avoidance. Consider the case of a company the only asset of which is a large parcel of land worth $1M. Assume also that the company has no liabilities. This paper explores this example under the WA Stamp Duty Act and explains why new part IIIBA was introduced
Tony is Manager - Review at the WA Office of State Revenue.
- Current at
09 December 2003