Transfer land or business
Duties Client Identification
From Monday 12 December 2011, OSR will be collecting Client Identification (CI) information for all parties liable to or exempt from transfer duty under Chapters 2, 4, 11 and 12 of the Duties Act 1997.
Liability
A sale or transfer of land (including improvements) or a business in NSW is liable to duty.
It is immaterial whether or not the transaction is effected by a written instrument or by other means, including electronic means.
A liability for duty arises when the sale or transfer occurs. However, if the sale or transfer is effected by a written instrument, liability for duty arises when the instrument is first executed.
Duty is payable within 3 months of the date liability arises. The purchaser or transferee is liable to pay the duty.
More information
- Abolition timetable
- Calculator
- Interest and penalties
- Rates and thresholds
- Exemptions and concessions
- First execution
- Land use entitlement
- Formula for dutiable value
- Partition
- GST
- Frequent questions
- Transfer in or not in conformity
- Aggregated transactions
- Definitions
- Apportionment of business assets
- Annulled agreements
- Refunds
- Stamping and Marking Documents before lodging at Department of Lands
- Duties client identification
- Duties document matrix
- Premium property
OSRAssist
OSRAssist takes you through a series of questions and gives you an indication of whether or not you need to pay duty or are entitled to an exemption.
