Stamp duty issues for wholesale property funds paper

Published on 12 Sep 07 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

Wholesale property funds are a continuing growth area in Australia, targeted by both domestic and foreign investors. But fund managers are constrained in many ways by the different stamp duty treatment in various States. This paper considers relevant stamp duty issues for wholesale property funds, including:

• who can invest, and who can’t
  
• how can you solve the current problems for funds managers?
  
• will the new ‘landholder’ model expand wholesale investment in Western Australia?
  
• what is the Property Council of Australia’s uniform property trust model, and how would that help?

Author profile

Matthew Stutsel ATI

Matthew is KPMG's National Head of State Taxation. Matthew is a trusted business advisor to many national and international clients, with expertise in structuring transactions. Matthew works as a part of an integrated team, utilising his strong background in tax, property and trust law to assist clients, particularly in the property, infrastructure and financial services industries. Having specialised in advising on State taxes since 1996, his wealth of experience enables Matthew to help clients focus on critical issues amidst regulatory complexity. - Current at 19 June 2017

More by Matthew STUTSEL

• M&A divestments in a capital constrained environment paper - 06-September-2012
• Stamp duty changes: Implications for the property industry paper - 20-September-2011
• Stamp Duty & Stapled Entities paper - 03-May-2006
• The landrich provisions: a life of their own paper - 29-March-2006
• Vendor stamp duty paper - 27-April-2005
• Stamp Duty: A Year in Review seminar paper - 10-September-2003

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