I have asked a couple of accountants and lawyers this question without a definitive answer and I'm trying not to add another professional to my pay roll.
Dose anyone here know if there is a stamp duty trigger when changing the Corporate Trustee of a Unit Trust that owns property? The property is owned in WA and was purchased in 2005.
I plan on using another Corporate entity as Trustee but if stamp duty is triggered then I may change my mind.
Mark
Dose anyone here know if there is a stamp duty trigger when changing the Corporate Trustee of a Unit Trust that owns property? The property is owned in WA and was purchased in 2005.
I plan on using another Corporate entity as Trustee but if stamp duty is triggered then I may change my mind.
Mark