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Posted on 22 Feb 2022Family Trusts – beware the 8% duty surcharge
If you are purchasing residential property in your discretionary (family) trust, or may in future, then read on. In 2015, Victoria introduced an 8% stamp duty surcharge for foreign purchasers of residential property. This…
Posted on 24 May 2021Family Trusts – beware the 8% duty surcharge
If you are purchasing residential property in your discretionary (family) trust, or may in future, then read on. In 2015, Victoria introduced an 8% stamp duty surcharge for foreign purchasers of residential property. This…
Posted on 4 Nov 2008Trust Cloning Tax Concession Abolished
On 31 October 2008 the Federal Government announced that it will remove the capital gains tax exception for clone trusts. Trust cloning has been an important tool in the kit of estate planning lawyers,…