By Nick Heggart, Tristan Boyd and Louise Van Wyk
A bill has been introduced into the Parliament of Western Australia to amend the Duties Act 2008 (WA) (Duties Act), in relation to farm-in agreements and related transactions (Amending Bill). Reform of the longstanding farm-in stamp duty concession was first announced on 28 November 2018 (Announcement Date). Continue reading →
By Nick Heggart, Jinny Chaimungkalanont, Tristan Boyd, Louise Van Wyk
RevenueWA has released Revenue Ruling DA 19.2 in relation to applications for a connected entity duty exemption. This replaces the previous Revenue Ruling DA 19.1 – with the key difference being the inclusion of the Commissioner’s treatment of notifiable events (which can trigger revocation of an exemption) at the pre-transaction decision (ruling) stage and at the exemption application stage.
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