Dutiable transactions

The items listed below are not links. They indicate where you are in this process.

• Start

• Dutiable transactions

• Aggregation period

• Same or associated transferee

• Same or associated transferor

• One arrangement

• Conclusion - aggregation applies

• Conclusion - no aggregation

Answer the following questions to find out if aggregation applies in this instance.

Do you have more than one dutiable transaction, for example multiple transfers ?

Explanation

Section 8(1) of the Duties Act provides a list of dutiable transactions.

Note however, dutiable transactions are not limited to those evidenced by a written instrument.

Section 15 of the Duties Act requires that, where a dutiable transaction is not effected by a written instrument (eg. an oral agreement for sale) the purchaser or transferee must make a written statement in a form approved by the Chief Commissioner.

Hence a series of oral transactions or a combination of oral and written transactions could be aggregated.

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