I have been told, in Victoria a family trust may transfer the ownership of a property to a beneficiary of the trust without incurring stamp duty. In NSW though, apparantly not.
Does anyone know what is the case with QLD?
My accountant read the act online but says it's so badly worded and he can't make sense of it. He tried calling the help line and was told to 'read the act'. He has now submitted a question via the online support system telling them he has read the act, still doesn't know and that in his experience the turnaround time on these question can be 7+ weeks.
Does anyone know what is the case with QLD?
My accountant read the act online but says it's so badly worded and he can't make sense of it. He tried calling the help line and was told to 'read the act'. He has now submitted a question via the online support system telling them he has read the act, still doesn't know and that in his experience the turnaround time on these question can be 7+ weeks.