Queensland Consolidated Acts

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DUTIES ACT 2001 - SECT 62

62 What is the dutiable value of a trust acquisition or trust surrender

The dutiable value of a trust acquisition or trust surrender is the greater of the following--

(a) the consideration for the acquisition or surrender so far as the consideration relates to dutiable property, or an indirect interest in dutiable property, held by the trust;
(b) the value of the acquisition or surrender worked out under section 63.


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