Transfers of farm to relative(s) — exemption
Channel: DOL
Section: s56(1)(a), (2)(a), (3)(a)
Lodgement category: Primary Production Land
Circumstances/Transactions
Transfers of farms between relatives:
- transferee(s) must be a natural person(s)
- transferor(s) must be a natural person(s).
Read more about the family farm exemption.
Evidence
Duties Online users can only process transfers under this section that are between natural persons who are not acting in the capacity of a trustee under a trust.
- Use the Digital Duties Form.
When to lodge
Lodge before settlement through Duties Online
Log in to Duties Online