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Legal Tips and Advice from Dott & Crossitt Conveyancers

Day: December 8, 2020

Jared Zak

Important changes to tax treatment of Discretionary Trusts

On 31 December 2020 new laws will come into effect changing the way surcharge stamp duty and surcharge land tax are applied to real property acquired or held in NSW by ‘discretionary trusts’.  A ‘discretionary trust’ (sometimes referred to as a family trust) is essentially any form of trust where

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