On 1 July 2008 the Duties Act 2008 will commence operation in WA. Two key reforms are the introduction of landholder duty and an entity restructuring exemption regime. This paper focuses on:
- policies underpinning the regimes
- landholder duty calculation provisions
- key parameters of the new regimes
- entity restructuring notification requirements
- what has changed and what stays the same?
- when might an entity restructuring exemption be revoked?