Aggregation of dutiable property
Sections:
s24
Lodgement category:
Aggregation
Circumstances/Transactions:
Allows for the aggregation of certain dutiable transactions.
Dutiable transactions relating to separate parts of dutiable property are aggregated and treated as a single dutiable transaction if they give effect to or arise from what is substantially one arrangement.
Revenue Ruling DA026 (version 2) outlines how we will apply the aggregation rules.
Evidence:
In addition to the relevant documents, please provide the following information:
- Digital duties form (for all contracts or agreements entered into on or after 1 July 2017)
- Full copies of all the contracts of sale of real property, including all special conditions
- Full copies of the contracts for the sale of goods, if applicable
- Any advertising material and price lists
- Details of how each of the transactions was negotiated, including the names of the persons negotiating and whether the transactions were negotiated at the same time
- Whether the dutiable properties are adjoining, adjacent or in close proximity to each other
- Whether the properties have been sold subject to approved plans or a development application/approval
- What is the present and intended use of the properties
- Whether the contracts are conditional on the completion of another contract
- If the dutiable property is vacant land purchased by a domestic builder, please provide a copy of the certificate of registration or builder's registration number and state whether:
- new residential premises were built or intended to be built on each lot of land for the purpose of resale, and
- the builder received a discount when purchasing more than one lot of land.
Lodge 30 days before settlement through Duties Online
Last modified: 18 February 2020