The Tasmanian State Revenue Office (SRO) has noted that the Taxation and Related Legislation (Miscellaneous Amendments) Act 2016 (Tas) introduced a retrospective exemption from duty (effective 1 July 2001) for certain statutory vesting transactions, including where dutiable property vests as the consequence of the registration or cancellation of a strata plan under the Strata Titles Act 1998 (Tas).
The SRO said if taxpayers have paid duty as a consequence of the vesting of dutiable property upon the registration or cancellation of a strata plan, they may be entitled to a refund of duty. Taxpayers can email a copy of the stamped instrument(s) upon which duty was paid to the SRO to seek a refund – email: revenuereview@treasury.tas.gov.au.
[LTN 219, 11/11/16]