| 000 | 00861cam a2200205 4500 | ||
|---|---|---|---|
| 001 | WB3547-45 | ||
| 008 | 000000n1999 000 0 eng u | ||
| 035 | _a(Sirsi) u102953 | ||
| 245 | _aClosing stamp duty loophole | ||
| 260 | _c1999 | ||
| 490 |
_aProperty Week _v64(46) 26 November 1999, 5(1) |
||
| 520 | _aGovernment is planning to close a loophole in the current stamp duty system in which specially created corporate tax vehicles can be used to avoid the 3.5% levy. A vendor can set the vehicle to hold the property for sale, and then sell shares in the company, subject to only 0.5% tax. It may not be possible however to regulate for such vehicles which are registered overseas. | ||
| 590 | _aWB | ||
| 650 | _aSTAMP DUTY | ||
| 650 | _aTAX | ||
| 650 | _aLOOPHOLES | ||
| 650 | _aPROPERTY-COMMERCIAL PROPERTY | ||
| 690 | _aTAXATION | ||
| 942 | _n0 | ||
| 999 |
_c61856 _d61856 |
||