The Victorian State Revenue Office (SRO) has launched an updated Land Tax Trust Form Catalogue. The SRO says the new catalogue of forms is significantly reduced from the previous catalogue and incorporates 2 new forms specifically designed to assist taxpayers to fulfil their administrative obligations in relation to deceased estates (see LTX Trust Form 13 and 14 below). In addition to consolidating a number of forms, the SRO has also made the decision to cease the use of Land Tax Trust Form 09 (Notice of disposition of an interest in land). As such, this form will no longer be required/accepted by the SRO.
The new Land Tax Trust Form Catalogue includes:
- LTX Trust Form 08 (Notice of acquisition of an interest in land);
- LTX Trust Form 13 (Deceased estate- Commencement of administration);
- LTX Trust Form 14 (Deceased estate- Completion of administration);
- LTX Trust Form 15 (Discretionary trust- Nomination of subsequent beneficiary);
- LTX Trust Form 16 (Trusts- Notification or change of beneficial interest or unit holdings);
- LTX Trust Form 17 (Trusts- Nomination of PPR/subsequent PPR beneficiary).
[LTN 148, 2/8/13]