❓ Hon Barry House questions the State Revenue Department's stamp duty assessment on a Nedlands property, where stamp duty was assessed on the initial offer price rather than the final sale price. The Treasurer's response indicates a right of appeal.
AnsweredQoN 179Legislative Council
QuestionView source ↗
A Nedlands property was finally purchased for $680 000 after the initial offer of $695 000, subject to the sale of another property, was varied. The State Revenue Department have refused to vary their Stamp Duty assessment in response to a formal objection (File ID 1729410) resulting in an addition $727.50 cost to the purchasers -
Why was Stamp Duty assessed on the full asking price ($695 000), rather than the actual sale price ($680 000), for this property?
Why was Stamp Duty assessed on the full asking price ($695 000), rather than the actual sale price ($680 000), for this property?
AnswerView source ↗
Answered
25 September 2001
Responded by
Minister for Racing and Gaming representing the Treasurer
Response time
35 days
There is a right of appeal against any assessment.
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