000			01390cam a2200217 4500
001			ABS65782
008			020723n2002 000 0 eng u
035			_a(Sirsi) u119003
100			_aCohen, A.
245			_aProperty incorporated
260			_c2002
490			_aProperty Week _v67(21) 14 June 2002, 42(1)
520			_aDiscusses the corporatisation of property and the impact of budget measures to close several major loopholes in stamp duty. Explains how the corporatisation of property developed and how a large number of property transactions became corporate transactions to make stamp duty savings. In addition, some recent transactions have seen property take on the role of a financial instrument such as the Junction Partnership between Capital and Regional and Morley Fund Management. Suggests that the corporatisation of property has prompted a change in the property psyche and forced property lawyers to think along corporate lines. Concludes that government's efforts to impose a new tax regime will change the current position and all approaches to stamp duty schemes will have to be rethought. However, it is likely that the industry will eventually come up with another loophole.
590			_aABS
650			_aSTAMP DUTY
650			_aPROPERTY INDUSTRY
650			_aPROPERTY TRANSACTIONS
650			_aLOOPHOLES
690			_aTAXATION
942			_n0
999			_c70797 _d70797