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The Tax Institute Submission | Draft revenue ruling DA-064

Published on 10 Nov 20 by THE TAX INSTITUTE

The Tax Institute welcomes the opportunity to make a submission to the State Revenue Office of Victoria in relation to draft revenue ruling DA-064. Overall, we consider that a public ruling outlining the views of the Commissioner of State Revenue on the activities which would constitute land development for the purposes of the Duties Act 2000 is desirable. However, we are of the view that the current draft ruling goes beyond the words and intent of the legislation and should be amended before it is finalised.

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The Tax Institute is Australia's leading professional association and educator in tax, with offices in most major cities. Focusing solely on tax, the Institute provides the best resources, education and networks. Our mission is to equip tax professionals with everything they need to demonstrate the highest level of expertise and increase the advancement of public knowledge and understanding. We are also committed to propelling members into the future and onto the global stage with the introduction of the Chartered Tax Adviser designation.
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