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  • Duties Form 58 Section 83 Landholder Acquisition Statement - Sro Vic Gov

Get Duties Form 58 Section 83 Landholder Acquisition Statement - Sro Vic Gov

9 Jun 2015 ... Email contact sro.vic.gov.au ... To notify the SRO of a relevant acquisition made in a landholder on or after 1 July 2012. ... Duties-Form-58.pdf.

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Stamp Duty - Non Principal place of Residence Rate Dutiable ValueDuty Threshold$0 - $25,0001.4 per cent of the dutiable value of the property> $25,000 - $130,000$350 plus 2.4 per cent of the dutiable value in excess of $25,000> $130,000 - $960,000$2,870 plus 6 per cent of the dutiable value in excess of $130,0001 more row

If you buy a property with a dutiable value of $600,000 or less, you get the first home buyer stamp duty exemption. You pay zero stamp duty. If you buy a property with a dutiable value between $600,001 to $750,000.00 you get the first home buyer duty concession. This is a sliding scale concession up to $750,000.00.

You may be liable for landholder duty when you acquire shares or units in a company or unit trust which owns land ('landholder'). A landholder is a unit trust scheme or a private or a publicly listed company that holds land ('landholdings') in NSW with an unencumbered value of $2 million or more.

Landholder duty is an equivalent tax to conveyance duty. Conveyance duty applies to the direct transfer of property ownership from one person or entity to another. Landholder duty is intended to tax indirect property transfers, such as, share transfers in a company that owns land in the ACT.

What is landholder duty? When you acquire an interest, such as shares or units, in a company or unit trust scheme that has land holdings in Victoria of $1 million or more (a landholder), you may be liable for duty at the general rate. You must notify us within 30 days of your relevant acquisition in the landholder.

No stamp duty arises on the acquisition of shares.

In Victoria, stamp duty is based either on the purchase price or the property's open market value (whichever is greater). The rate is determined on a sliding basis, starting at 1.4% for properties valued at less than $25,000 and increasing to 5.5% for properties valued at or more than $960,000.

What is dutiable property? Stamp duty is only applied in relation to certain kinds of property, known as dutiable property. This includes certain interests in land and certain kinds of leases. It also includes shares and units, but any transfers of shares or units are no longer dutiable transactions in Victoria.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232