If property that is held by persons jointly is transferred or agreed to be transferred to one or more of those persons, provide:
- the transaction record (such as a transfer of land document or disposition on subdivision statement)
- a completed FDA41 'Foreign Transfer Duty Declaration' for each party
- completed Form FDA27 'Duties Valuation - City, Town and Suburban Property' or Form FDA28 'Duties Valuation - Country Land'. If you lodge your transaction online, complete an electronic valuation request.
You don’t need to provide a valuation form or make an electronic valuation request if you provide a valuation from a qualified valuer as described in Commissioner's Practice TAA 30 'Valuation of Land for Duties Purposes' - details of:
- any consideration paid by any of the parties
- any liabilities taken over under the transaction
- any debts released or extinguished under the transaction
- if the transaction involved subdivided land:
- a copy of the plan or diagram of the subdivision showing measurements and improvements to the land before and after subdivision and
- copies of the certificates of title for the land
- any other information that may assist us to assess the duty.
An assessment of duty will not be issued until all required information is provided.
