Outcome focused solutions to ensure you pay what’s due. Nothing more.
State taxes are a consideration for any property transaction whether commercial or personal.
Your stamp duty or land tax liability depends on your circumstances and a range of variables including the value of the property, your interest in it and other properties, and how the property is used. Each property transaction is different. Relying on a simple chart or online calculator could see you paying more than your fair share in state taxes.
Our team of specialist Property & Development lawyers are proficient in current state taxation provisions and can advise you on all matters related to stamp duty, land tax and any exemptions you may be entitled to.
We will liaise with your accountant in relation to the transaction, as you should seek accounting advice as to federal taxation issues involved in each property transaction.