Rate of duty

The rate of duty chargeable is 60 cents per $100, or part, of the dutiable value of the shares or units.

The dutiable value is the greater of the market value or consideration paid for the shares or units.

A minimum duty of $10 per transfer applies.

The transferee is the person liable to pay the duty.

Duty must be paid within 3 months of the date of first execution of the agreement or transfer.

Note: Landholder duty may also be payable in certain circumstances.

Last updated: 04-Jun-2010