Change of trustee exemption (s.117) interactive help

Does the trust hold dutiable property or an indirect interest in dutiable property in Queensland?

Yes
No

Is the transaction part of an arrangement involving a change in the rights or interests of a beneficiary of the trust?

Yes
No

Is the transaction part of an arrangement terminating the trust?

Yes
No

Has transfer duty been paid on all dutiable trust acquisitions before this transaction?

Yes
No

Has transfer duty been paid on all the dutiable trust acquisitions and surrenders of trust interests related to the arrangement?

Yes
No

Not liable for duty

Based on the information that you have provided, the transaction is not liable for duty and does not require an endorsement.

Your file reference:

Name:

Date:

Do not self assess

Based on your answers, you can't self assess this transaction under section 117 of the Duties Act.

Next steps

Send all relevant documents to us for assessment, including:

any transfers
your completed dutiable transaction statement (Form D2.2)
an identity details annexure (if applicable).

Post the documents to:

Queensland Revenue Office
GPO Box 2593
BRISBANE QLD 4001

Your file reference:

Client name:

Transaction number:

Name:

Date:

Exempt

Based on the information that you have provided, the transaction is exempt under section 117 of the Duties Act.

Next steps

For audit purposes you must keep:

a statutory declaration setting out the above information
your completed dutiable transaction statement (Form D2.2)
an identity details annexure (if applicable).

You must keep all records for 5 years in accordance with section 118 of the Taxation Administration Act 2001.

Your file reference:

Client name:

Transaction number:

Name:

Date:

Exempt

Based on the information that you have provided, the transaction is exempt under section 117 of the Duties Act.

Next steps

For audit purposes you must keep:

a statutory declaration setting out the above information
your completed dutiable transaction statement (Form D2.2)
an identity details annexure (if applicable).

You must keep all records for 5 years in accordance with section 118 of the Taxation Administration Act 2001.

Your file reference:

Client name:

Transaction number:

Name:

Date: