Tax Training – 26/7/24 – Dr Campbell Rankine: Laybutt v Amoco

There are different types of options: options per se, conditional contracts, and offers with consideration not to revoke. These are set out in Laybutt v Amoco. The different types of options have different legal and taxation effect, in particular with Stamp Duty.

Dr. Campbell Rankine will lead an exploration of the different types of options.

Required Reading:

Laybutt v Amoco Australia Pty Ltd [1974] HCA 49 – BarNet Jade – BarNet Jade