In his press conference releasing the Qld Government’s COVID-19 Fiscal and Economic Review on 7 September 2020, Queensland Treasurer Cameron Dick announced that he intends to “abolish” transfer duty for small businesses who wish to restructure for efficiency. He said:

“… the government will abolish, we will abolish transfer duty when eligible small businesses restructure to reduce the cost of doing business and to cut red tape as we continue through into recovery.”

[LTN 177, 11/9/20]

Posted 12.9.20

 

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