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how to calculate stamp duty of north territory in australia?
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the formula is actually as follows: (0.06571441 * v^2) + 15 * v, where v is the value divided by 1,000 which gives us au$ 23,929 you find the same value using the calculator you linked to if you select "investment" instead of "primary residence" or uncheck "i am a first home buyer"  edit: i don't know how they determine the $au 821, it might be worth calling them. from looking up the first home owner discount, it looks like no stamp duty may be due if you qualify for the discount: from 1 september 2016, the northern territory government introduced increased stamp duty assistance for first home buyers who purchase an established home in the northern territory up to the value of $650 000. the first home owner discount (fhod) is a full stamp duty concession on the initial $500 000 value of the home, which equates to stamp duty savings of up to $23 928.60. for established homes valued at more than $650 000, a stamp duty saving of $10 000 is available until 31 december 2016. source: department of treasury and finance
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