https://www.osr.qld.gov.au/duties/transfer-duty/exemptions-and-concessions/trust-exemptions.shtml
Can anyone clarify this point for transfer duty in Qld please.
We got 3 properties in 1 trust & looking to transfer 1 to own name (the partner of the trustee)
if I understand it right under the link above.
Under title " Trust acquisition or surrender in family trust"
If trustee does not benefit from transfer then no duty apply ?
Can anyone clarify this point for transfer duty in Qld please.
We got 3 properties in 1 trust & looking to transfer 1 to own name (the partner of the trustee)
if I understand it right under the link above.
Under title " Trust acquisition or surrender in family trust"
If trustee does not benefit from transfer then no duty apply ?