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Required: Calculate the stamp duty payable in New South Wales on the following transactions: (a)...

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Accounting

Required: Calculate the stamp duty payable in New South Wales on the following transactions: (a) Building insurance of $136,000 for a premium of $300 (includes GST). (Show your workings.) (b) Purchase of a new motor passenger vehicle (4 cylinders) for $48,000. (Show your workings.) (c) Transfer of property for $1,400,000. (Show your workings.)

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