Subsale revenue nsw

Novation at the initiative of the vendor. This goes to the facts and will not necessarily be apparent from the documents involved. However, on any view of the word ‘ subsale ’ it must mean, in the context of a novation, a sale (or notional sale) from the original purchaser to a substituted purchaser. We also administer some forms of unclaimed money. Revenue NSW will correct or update your personal information at your request.

Duty is payable on the novation an if not a subsale , the duty paid on the original contract is then cancelled: Revenue Ruling No. What is NSW unclaimed money? How long does it take to claim Revenue NSW?

See Revenue Ruling DUT 0for definition of suitably qualified persons. We manage fines and administer grants and subsidies to provide valuable assistance to the community and businesses across NSW. In such circumstances, duty will be charged as two separate transactions. Published on Aug by TAXATION IN AUSTRALIA JOURNAL ARTICLE. Forgot your password?

Register for eDuties. Rather, the rights of the executor and beneficiary arise from the provisions of the will and equitable doctrines. The Office of State Revenue and State Debt Recovery are now called Revenue NSW.

Welcome to the official page of Revenue NSW. If you require personalised help with. Thank you for your interest in registering for eDuties. Please enter your Client ID and validation code provided to you.

Enter your land tax client and correspondence ID. Select which property the land tax relief is being claimed for. Select if your tenant is residential or commercial.