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Draft revenue ruling DA-064
The Tax Institute welcomes the opportunity to make a submission to the State Revenue Office of Victoria in relation to draft revenue ruling DA-064. Overall, we consider that a public ruling outlining the views of the Commissioner of State Revenue on the activities which would constitute land development for the purposes of the Duties Act 2000 is desirable. However, we are of the view that the current draft ruling goes beyond the words and intent of the legislation and should be amended before it is finalised.
Submission prepared by:
The Tax Institute
Submitted to:
Paul Broderick
Commissioner of State Revenue
State Revenue Office
For more information, contact:
Simon Tisher
Chair of The Tax Institute's Victorian State Taxes Committee
03 9225 7416
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Tagged
- State & indirect taxes
- State taxes
- 2020
- Victoria