unit trust

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…]

Eligibility for the Trust Restructure Rollover

Thinking of restructuring your trust for some reason?  While there are certainly a number of commercial benefits in transitioning from a trust into a company, a common pitfall is failing to acknowledge potential liability for Capital Gains Tax (CGT) or address potential liability for state based transfer duty (Stamp Duty). [Read more…]

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