Western Australian Numbered Acts

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DUTIES ACT 2008 (NO. 11 OF 2008) - SECT 86

86 .         Head office or principal place of business in another State

                The dutiable value of a dutiable transaction for a business asset where neither the principal place of business nor the head office of the Western Australian business is in Western Australia is to be determined using the following formula —


                where —

                DV is the dutiable value;

                CUV is —

            (a)         the consideration for the transaction; or

            (b)         the unencumbered value of the business asset the subject of the transaction if —

                  (i)         there is no consideration for the transaction; or

                  (ii)         the consideration cannot be ascertained when liability for duty on the transaction arises; or

                  (iii)         the unencumbered value is greater than the consideration for the transaction;

                TS is the gross amount (in Australian dollars) of all the commodities supplied and services provided by the business in the last 3 completed financial years preceding the transaction;

                WAS is the gross amount (in Australian dollars) of the commodities delivered and services provided by the business to customers in Western Australia in the last 3 completed financial years preceding the transaction.



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