New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 32

32 General rate

(1) The rate of duty chargeable on a dutiable transaction is as follows:

Dutiable value of the dutiable property subject to the dutiable transaction	Rate of duty
Not more than $14,000	$1.25 for every $100, or part, of the dutiable value
More than $14,000 but not more than $30,000	$175 plus $1.50 for every $100, or part, by which the dutiable value exceeds $14,000
More than $30,000 but not more than $80,000	$415 plus $1.75 for every $100, or part, by which the dutiable value exceeds $30,000
More than $80,000 but not more than $300,000	$1,290 plus $3.50 for every $100, or part, by which the dutiable value exceeds $80,000
More than $300,000 but not more than $1,000,000	$8,990 plus $4.50 for every $100, or part, by which the dutiable value exceeds $300,000
More than $1,000,000	$40,490 plus $5.50 for every $100, or part, by which the dutiable value exceeds $1,000,000

(2) This rate applies unless other provision is made by this Chapter.

Note: The rates of duty chargeable on dutiable transactions in respect of marketable securities are dealt with in section 33 and section 150. Concessional rates of duty chargeable on certain dutiable transactions are dealt with in Part 6 of this Chapter.