This was a duties matter, which was heard by the Supreme Court. A decision was handed down on 5 April 2006 in favour of the taxpayer.
The issue was whether 33(2) of the Duties Act 2000 applied to exempt the transfer from duty.
This was a duties matter, which was heard by the Supreme Court. A decision was handed down on 5 April 2006 in favour of the taxpayer.
The issue was whether 33(2) of the Duties Act 2000 applied to exempt the transfer from duty.