Superannuation fund exemption (s.119) interactive help

Not exempt

Based on the information that you have provided, the transaction is not exempt under section 119 of the Duties Act 2001.

The exemption only applies for trust acquisitions or surrenders of a member’s trust interest in a superannuation fund. It does not apply to the transfer of property.

Next steps

For audit purposes, you must keep:

• a completed dutiable transaction statement (Form D2.2)
• a copy of the original superannuation fund trust deed
• copies of any subsequent amending deeds
• copies of any other superannuation documents.

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:

Not exempt

Based on the information that you have provided, the transaction is not exempt under section 119 of the Duties Act 2001.

The exemption only applies for trust acquisitions or surrenders of a member’s trust interest in a superannuation fund.

Next steps

For audit purposes, you must keep:

• a completed dutiable transaction statement (Form D2.2)
• a copy of the original superannuation fund trust deed
• copies of any subsequent amending deeds
• copies of any other superannuation documents.

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 119 of the Duties Act 2001.

Next steps

For audit purposes, you must keep a:

• a completed dutiable transaction statement (Form D2.2)
• a copy of the original superannuation fund trust deed
• copies of any subsequent amending deeds
• copies of any other superannuation documents.

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: