Is the Stamp Duty paid for purchasing an investment property in ACT tax deductible ?

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27 Mar 2025

Is the conveyance duty (Stamp Duty) paid to ACT Revenue department for the purchasing of an investment property in Canberra tax deductible ?

Web search tells "According to the Australian Tax Office (ATO), stamp duty is a capital cost related to the acquisition of your investment property. This means that stamp duty forms part of your property's cost base and is consequently not tax-deductible. The only exception to this is when purchasing an investment property in the ACT"

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