Duty will not be charged twice on the same transaction if:
- duty was chargeable on a transaction such as a contract for sale of land and
- another transaction, such as a transfer of land or declaration of trust, is in conformity with the initial transaction.
The Commissioner will decide which transaction is most applicable to charge with duty and which to endorse for no double duty (NDD).
If a transaction has already been endorsed for foreign transfer duty , generally it will not be chargeable again on the subsequent transfer. However, foreign transfer duty may apply to an NDD transaction if the transferee is a foreign person and the agreement was not endorsed for foreign transfer duty. See the foreign transfer duty fact sheet for more information.