Legal Insights
Stamp Duty and Vendor Payments: Lessons from Alphington Developments Pty Ltd v Commissioner of State Revenue
The Supreme Court decision in Alphington Developments Pty Ltd v Commissioner of State Revenue [2025] VSC 709 clarifies how stamp duty (land transfer duty) is assessed on the transfer of land. Specifically, the Court in this decision held at that payments made by a vendor to remediation and demolition works do not reduce the consideration under a contract of sale when assessing stamp duty.