is stamp duty payable on share transfers in nsw
Duty on the transfer or declarations of trust on marketable securities (shares and units), including commercial fishery shares, will be abolished from 1 July 2016.Duty is charged on the transfer of non-listed shares in a New South Wales (NSW) company or units in a unit trust scheme, being units:ates and threshold. Duty is charged at 60 cents per $100, or part of $100, of the dutiable value of the shares or units. A minimum duty of $10 per transfer applies.