fossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 3 months agoHermit Crab Housing Marketmander.xyzexternal-linkmessage-square56fedilinkarrow-up11.67Karrow-down115
arrow-up11.66Karrow-down1external-linkHermit Crab Housing Marketmander.xyzfossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 3 months agomessage-square56fedilink
minus-squareDharma Curious (he/him)@slrpnk.netlinkfedilinkEnglisharrow-up6·3 months agoCan you explain for an American?
minus-squareÐ Greıt Þu̇mpkin@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·3 months agoStamp duty makes it sound like it’s what happened to them because they didn’t kick the brits out over the stamp act.
minus-squareI_Miss_Daniel@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down3·3 months agoNot fully as I don’t really understand it. https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/transfer-duty The calculator on that page says I would owe them $17k if I purchase a $500k property.
Can you explain for an American?
Stamp duty makes it sound like it’s what happened to them because they didn’t kick the brits out over the stamp act.
It’s a tax on buying a house.
Not fully as I don’t really understand it.
https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/transfer-duty
The calculator on that page says I would owe them $17k if I purchase a $500k property.