Chief Commissioner of State Revenue v Dick Smith Electronics Holdings Pty Ltd

[2005] HCA 3
Judgment date
Case number
S299/2004
Before
Gleeson CJ, Gummow, Kirby, Hayne, Callinan JJ
Catchwords

Stamp duty – Dutiable transactions - Sale of shares - Share acquisition agreement stipulated that a dividend would be declared on shares prior to transfer - Agreement stipulated that Purchaser was to fund dividend - Purchase price was calculated by deducting dividend amount from specified sum - Whether value of the dividend formed part of the consideration for the dutiable transaction.

Words and phrases – "consideration".

Duties Act 1997 (NSW) – ss 8, 9, 11, 19, 21(1).

Files
3.rtf (57.29 KB)
3.pdf (99.06 KB)