A WA parliamentary question inquires whether Alcoa pays full stamp duty under the Supplementary Property Purchase Program (SPPP). The Minister confirms Alcoa does pay full stamp duty.

AnsweredQoN 262Legislative Council
Asked
8 May 2007
Portfolio
State Development

QuestionView source ↗

ALCOA - SUPPLEMENTARY PROPERTY PURCHASE PROGRAM
I refer to Alcoa’s purchase of properties under the supplementary property purchase program. (1) Is Alcoa paying full stamp duty for houses it is purchasing under the SPPP? (2) If no to (1) - (a) why not; and (b) what is the government’s reasoning behind exempting Alcoa from stamp duty but not exempting individuals party to the SPPP who have to purchase a home subsequent to selling their property under the SPPP? Hon KATE DOUST

AnswerView source ↗

I thank the honourable member for some notice of this question. (1) Yes. (2) Not applicable.
(1) Is Alcoa paying full stamp duty for houses it is purchasing under the SPPP? (2) If no to (1) - (a) why not; and (b) what is the government’s reasoning behind exempting Alcoa from stamp duty but not exempting individuals party to the SPPP who have to purchase a home subsequent to selling their property under the SPPP? Hon KATE DOUST replied: I thank the honourable member for some notice of this question. (1) Yes. (2) Not applicable.
(2) If no to (1) - (a) why not; and (b) what is the government’s reasoning behind exempting Alcoa from stamp duty but not exempting individuals party to the SPPP who have to purchase a home subsequent to selling their property under the SPPP? Hon KATE DOUST replied: I thank the honourable member for some notice of this question. (1) Yes. (2) Not applicable.
(b) what is the government’s reasoning behind exempting Alcoa from stamp duty but not exempting individuals party to the SPPP who have to purchase a home subsequent to selling their property under the SPPP?
I thank the honourable member for some notice of this question. (1) Yes. (2) Not applicable.
(1) Yes. (2) Not applicable.
(2) Not applicable.

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