Get Section 102b Return - Acquisition Of Interest In A Land Holding Entity - Revenuesa Sa Gov

The Section 102B Return is an essential document for individuals or groups acquiring interests in land holding entities. This guide will provide clear, step-by-step instructions to help you successfully complete and submit the form online.

Follow the steps to complete your Section 102B Return online.

1. Click ‘Get Form’ button to obtain the form and open it in the digital editing interface.
2. Complete the general requirements section by entering the details of the person or group acquiring a prescribed interest. This includes the name, ABN/ACN, name of the trust (if applicable), and address or registered office.
3. Fill in the details of the entity in which the interest was acquired. Enter the name of the relevant entity, its ABN/ACN, state of incorporation or location of unit register, and type of entity by selecting one of the provided options.
4. In the section for details of the dutiable transaction, provide the date of the transaction and describe the nature of the transaction. Include details regarding the interest held in the land holding entity.
5. Document any related entities, ensuring to clarify if significant interests are held and provide corresponding percentages and numbers of securities.
6. Provide information regarding any partnerships in which the relevant entity or related entities are partners that hold South Australian land assets.
7. Enter the unencumbered value of South Australian land assets held by the land holding entity and list all property addresses related to the land acquired.
8. Complete the details regarding any duty paid under other provisions of the Act in relation to the dutiable transaction.
9. Gather and attach any further information required, including financial statements, corporate structure diagrams, valuations, and documentation relevant to the transaction.
10. Finally, complete the declaration section, ensuring all group members sign and date the Return. If more space is needed for signatures, attach an additional sheet.
11. Once all sections are filled out, save changes to the document. You can then download, print, or share the completed form as needed.

Ready to complete your Section 102B Return online? Start now and ensure your submission is accurate and timely.