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| NEWS // Investors Stamp Duty |
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The new 2.25% vendor duty tax is now being levied on all investment properties sold after 1 June 2004 (the primary place of residence is exempt).
Vendor duty is payable when an agreement for sale is entered into and must be paid by the settlement date.
For more information about vendor duty contact the Office of State Revenue at www.osr.nsw.gov.au (Ph:1300 784010)
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Bermagui Real Estate
    
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