A landholder is any corporation or unit trust scheme that has an entitlement, either directly or through a linked entity, to land assets in Western Australia with an unencumbered value of $2 million or more.
An acquisition is subject to landholder duty if it is an acquisition of a significant interest which is
- a 90% or greater interest in a landholder that is listed on the ASX or other prescribed financial market or
- a 50% interest in a landholder that is not listed on the ASX or other prescribed financial market.
An acquisition is also subject to landholder duty if a person who has a significant interest acquires a further interest.
All parties to a landholder transaction must complete a foreign buyers duty declaration.
See information you must provide in relation to:
