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Published on 02 November 2023

You are invited to provide feedback on draft Revenue Ruling DA-065 — Acquisition of economic entitlements in relation to land (service fees) and draft Revenue Ruling DA-066 — Calculation of economic entitlements.

Draft DA-065 has been updated following a previous consultation process. It provides clarification on the application of the economic entitlement provisions under the Duties Act 2000 on:

  • service fees
  • residents in a retirement village
  • acquisitions of shares in companies and units in unit trust schemes that may be outside the scope of Chapter 3 of the Duties Act 2000.

Draft DA-066 is a new ruling. It provides guidance on the calculation of economic entitlements including:

  • determining the percentage of beneficial ownership taken to have been acquired
  • the circumstances where the Commissioner may consider it appropriate to exercise the discretion under section 32XE(3) of the Duties Act 2000.

Feedback is welcome by email to until 5pm Friday 1 December 2023.

Last modified: 23 May 2024
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