Socials

Socials

Land Development​ Victorian Final ruling DA-064

The ruling on the definition of ‘land development’ is of particular relevance to nomination arrangements under a contract of sale of land and to foreign purchasers in Victoria. In September 2020, draft ruling DA-064 on the meaning of the term ‘land development’ was released for consultation. The Victorian Commissioner’s view under the draft ruling was […]

Victorian duty – new draft ruling on ‘land development’

The Victorian State Revenue Office (SRO) has recently released a draft ruling for consultation on the meaning of the term ‘land development’ (draft revenue ruling DA-064). The new draft ruling and the definition of ‘land development’ in a duty context is of particular relevance to: foreign purchasers purchasers involved in pre-settlement nomination arrangements Foreign purchasers […]