Search results

Yes you are right, it is Stamp Duty - getting my taxes mixed. As Coasty Mike says it can be done if you satisfy the ATO that "you dealt with each other at arms length". I suspect that they may have difficulty believing that shuggy would sell a $550K asset to investor888 for less than $100K...

Yes No

Nope, that won't help either. CGT is calculated on market value or purchase price - whichever is the higher.