The mining sector can give rise to transactions that produce unexpected stamp duty outcomes. This paper looks at some of the pitfalls that can arise and the impact that the federal MRRT might have on the stamp duty regime, including:
- mining tenements - when are they interests in land?
- mining leases - how are they taxed?
- off take agreements - sales of goods?
- mining equipment - fixtures or not?
- farm-in agreements - what are the rules?
- royalty agreements - duty characterisation
- MRRT - what is the impact on duty?