Herbert Smith Freehills Kramer Podcasts podcast

Tax Bites EP23: Stamp duty update: ISPT v Commissioner of State Taxation

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In this episode of Tax Bites, Toby Eggleston and Mark Peters unpack the Victorian and New South Wales ISPT landholder-duty decisions. They examine how a staged acquisition of a widely held property trust produced a substantially higher duty liability than ISPT argued for. The discussion highlights why transaction sequencing, thresholds, entity status and jurisdiction-specific rules must be assessed together when structuring acquisitions of interests in landholding trusts and companies. More detail in our tax note here: https://www.hsfkramer.com/notes/taxaustralia/2026-posts/decision-alert-prior-acquisition-in-a-public-landholder-not-disregarded-where-a-subsequent-acquisition-occurs

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