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Land rich provisions

Landholder duty

From 1 July 2009, landholder duty replaces the land rich provisions.

The acquisition provisions, which were first introduced in 1986, charge duty on certain acquisitions of shares and units in companies and unit trust schemes (called landholders), at the same rate as for a transfer of realty. See general transfer rates.

The disposal provisions were introduced from 10 November 2004 and charge duty at the vendor duty rate. The disposal provisions (land rich vendor duty) ceased to apply to a disposal of an interest in a landholder from 2 August 2005.

More information

OSRAssist

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

Last updated: 03-Apr-2013
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