Published on 17 August 2021
You are invited to provide feedback on draft Revenue Ruling DA-047v3 Landholder duty - Duty concession on the interposition of a unit trust between stapled security holders and the stapled entities. It will replace DA-047v2.
This draft ruling reflects the amendments made to Division 1B in Part 2 of Chapter 11 of the Duties Act 2000 which took effect from 1 July 2019.
The provisions were amended to replace the former exemption with a concessional rate of duty on relevant acquisitions arising from the reorganisation of listed stapled entities in accordance with Subdivision 124-Q in Part 3-3 of Chapter 3 of the Income Tax Assessment Act 1997 (Cth).
Feedback is welcome by email to email@example.com until 5pm Tuesday 14 September 2021.