South Australian Consolidated Acts

SUCCESSION DUTIES ACT 1929 - SECT 9

9—Calculation of net present value of property derived

In calculating the net present value of property derived by any person for the purpose of assessing the duty payable thereon, no allowance shall be made—

            (a)         by reason of the payment of, or the liability to pay any estate duties, succession duties, or other death duties under the law of this State, of the Commonwealth, or of any other place; or

            (b)         by reason of any direction that the property is to be taken free of duty; or

            (c)         by reason of any actual or prospective delay in obtaining administration of the property and in administering that property.