The WA Office of State Revenue (OSR) has issued the following Commissioner Practices:
- DA 33.0 (Duties – Transfer of land under bailiff seizure and sale order) – outlines how the Commissioner will assess the duty liability relating to the sale of property by a property (seizure and sale) order where a purchaser agrees to assume the liabilities of the vendor. Applies from 16 September 2014.
- DA 35.0 (Duties – Transfers of WA business assets) – this Commissioner’s Practice applies to an agreement for the transfer of dutiable property (other than land or an interest in land) where: the liability to duty on the agreement arose on or after 13 October 2014; and the subsequent transfer of dutiable property is not effected, or evidenced, by an instrument in hard copy form. Applies from 13 October 2014.
[LTN 192, 3/10/14]