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DUTIES ACT 2001 - SECT 62 What is the dutiable value of a trust acquisition or trust surrender

DUTIES ACT 2001 - SECT 62

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

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 .