Page 1164 - Week 04 - Thursday, 1 April 1993

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TREASURER FOR THE AUSTRALIAN CAPITAL TERRITORY

LEGISLATIVE ASSEMBLY QUESTION

Question No. 630

Stamp Duty

Mrs CARNELL - Asked the Treasurer upon notice on 24 March 1993 in relation to acquisition of business information pursuant to section 64C of the Stamp Duties and Taxes Act 1987 for the calendar year 1992 and year to date 1993:

(1) How much stamp duty has been collected under this Act.

(2) How many businesses have been requested to pay stamp duty under this Act.

(3) How many persons failed to lodge a return on the acquisition of a business within 60 days as required by this Act.

(4) How many persons were penalised for not lodging a return on time.

Ms FOLLETT - The answer to the members question is as follows:

(1) The amount of duty collected for the calendar year

1992 was $858,326.80. Duty collected from

1 January 1993 to 26 March 1993 is $234,590.27.

(2) The number of businesses assessed for duty in 1992 was 414. 86 businesses have been assessed for the year to 26 March 1993.

(3) In 1992, 199 persons failed to lodge a return

within 60 days as required by the Act. 29 have

failed to do so for the year to 26 March 1993.

(4) In 1992, 150 persons were penalised for not

lodging a return on time. To 26 March 1993

another 26 persons have been similarly

penalised.

1164

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