Is there stamp duty on the sale of a business in TAS?
by 1st of March, 2021
In 2008, Tasmania removed duty on all assets in the sale of a business except the transfer of land according to the State Revenue Office of TAS. If stamp duty is applicable, it is payable within three months. You can obtain an estimate of transfer duty on this calculator. It's important to seek professional advice when buying a business, especially an accountant who will help you understand your tax obligations.
