Stamp Duty Paid for Property Purchased
Dear City of Canada Bay,
I refer to the purchase by council of 9 Waterview Street, Five Dock of unknown date in 2008.
According to the New South Wales Tresuary Stamp duty calculator, the amount of stamp duty payable on a one million dollar land purchase is $40,490.00.
Also according to the New South Wales Tresuary, the Canada Bay Council paid a mere $2.00 for the above purchase.
Is it common practice for council not to pay the same amount of stamp duty the public is expected too?.
Please provide proof of payment paid by the council for all land purchases made by council
and the total amounts of stamp duty paid by the council for land purchases for these financial years; 2007/2008, 2008/2009 & 2010/2011.
Yours faithfully,
Cherie
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Regards
Records Officer
City of Canada Bay
1a Marlborough St Drummoyne NSW 2047 | [1]www.canadabay.nsw.gov.au
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