Transfer Duty and loans

In Queensland, transfer duty (Transfer Duty) is governed by the Duties Act 2001 (Qld) (Act).  Pursuant to section 8(2) of the Act, Duty is imposed on the dutiable value of “dutiable transactions” (Dutiable Transactions).

Whether Transfer Duty applies to loans turns on whether or not:

  • the creation of a loan is a Dutiable Transaction; or
  • loans are considered to be “dutiable property” (Dutiable Property).

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Transfer Duty and issuance of units in a unit trust

In Queensland, transfer duty (Transfer Duty) is governed by the Duties Act 2001 (Qld) (Act).  Pursuant to section 8(2) of the Act, Transfer Duty is imposed on the dutiable value of “dutiable transactions” (Dutiable Transactions). [Read more…]

Transfer Duty in business acquisitions

In commercial transactions transfer duty or stamp duty is often overlooked – however, it remains an important consideration.  Businesses should ensure they have taken the costs of stamp duty into account when making an acquisition.

Transfer duty can apply to the acquisition of property, transfer of title or to existing rights.  This article explores the application of stamp duty in business acquisitions.

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Dundas Lawyers
Street Address Suite 12, Level 9, 320 Adelaide Street Brisbane QLD 4001

Tel: 07 3221 0013

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