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BARRIER: Transfer duty has for too long stifled business growth.

Transfer duty spectre stifles business

Transfer duty, or stamp duty, as it was known until 2008, is one of the most inefficient, distortive and poorly targeted taxes in Australia.

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West Perth
David's concerns are shared by virtually all lawyers in this state. The single biggest tax reform WA desperately needs involves the removal of transfer duty on not only changes in business structure, but also real estate. Both duties/taxes are disincentives to growth, entrepreneurship and ultimately, job creation.

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