jalexaj replied to the topic Double stamp duty – nominee (VIC) in the forum Legal & Accounting 13 years, 5 months ago
Thanks MarJac. I called the SRO and the lady was adamant there was no double duty payable as long as there was no additional consideration, options or land development. I asked why the wording expressly stated fixed trust but she just kept saying there is no double duty so I’m going to go on her word.
Any comments on the issue would be appreciated.
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jalexaj started the topic Double stamp duty – nominee (VIC) in the forum Legal & Accounting 13 years, 5 months ago
Hi all,
I have a quick question I was hoping someone could answer.
If a property is purchased and/or nominee, do you have to fall within the form 6A stat dec form exemptions to avoid paying double stamp duty?
My situation is, we have bought a property with an and/or nominee clause and have subsequently set up a discretionary trust to be the…[Read more]
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