| Commentary

66.3.4 Intellectual property

| Commentary

66.3.4 Intellectual property

Stamp duty ad valorem as a conveyance on sale is no longer payable in respect of transfers of intellectual property1. This change of the law applies to all instruments executed on or after 28 March 20002. If a certificate of value is needed to reduce or exclude the payment of stamp duty, the value of intellectual property is to be disregarded for the purposes of the certificate3.

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