Land sold initially to financial institution and natural person and then leased to natural person
Sections:
s57 A 1(c) & (2)
Lodgement category:
Unrelated transfers with concession
Circumstances/Transactions:
At the end of the fixed term the land is transferred to the natural person (the second transaction).
The second transaction is exempt.
Evidence:
- Digital Duties Form.
- The transfer from the financial institution to the natural person.
- The duly stamped transfer to the financial institution and natural person.
- The lease between the financial institution and the natural person.
Lodge documents after settlement directly with the State Revenue Office
Lodge documents after settlement directly with the State Revenue Office
Last modified: 10 October 2023