Transfer duty statement (Form D2.3)

Transfer duty applies to a dutiable transaction whether or not it is done by a document. Section 18 of the Duties Act 2001 (Qld) says that if a dutiable transaction is not effected or evidenced by an instrument or ELN transaction document, the parties liable to pay the duty must make a statement in the approved form, called a transfer duty statement. Form D2.3 (version 3, March 2026) is that statement. Under s 19(3) the parties must lodge it, with an approved form for the transaction, within 30 days after the liability arises; for a statutory dutiable transaction the statutory entity has 60 days (s 19(2)). It is lodged with the Dutiable transaction statement (Form D2.2).

When you need it

• A transfer or agreement to transfer dutiable property was made orally or by conduct, with no contract or transfer form.
• There is a vesting under legislation or court order, a foreclosure, a partnership acquisition, the creation or termination of a trust, or a trust acquisition or surrender with no instrument for it.
• QRO's family business and charitable institution pages also say to lodge Form D2.3 where no documents exist for the transaction.

1. 1

   Part A - the dutiable transaction

   Give the transaction date and tick the transaction type. Describe the dutiable property: lot, plan and title reference for land, or a detailed description of business assets, a transferable site area, chattels or an existing right. For a partnership or trust acquisition list all the dutiable property the partnership or trust holds.

2. 2

   Parts B and C - transferors and transferees

   Give the name, ABN if any and address of each transferor and transferee (use another Form D2.3 for more than 2 of either). For each transferee state the interest acquired in this transaction as a fraction, excluding any interest already held.

3. 3

   Part D - other information

   Say whether any transferor is related to any transferee, and whether the consideration is less than the unencumbered value; if so give the unencumbered value and keep evidence of value. Otherwise give the consideration. At question 12 list any other dutiable transactions that form part of the same arrangement, with transaction or assessment numbers if lodged.

4. 4

   Part E - verification

   At least one party to the transaction signs, dates and prints their name. Registered self assessors also enter their client and transaction numbers.

• Lodge within 30 days after the liability arises, together with Form D2.2 (Duties Act s 19(3)).
• Send to Queensland Revenue Office, GPO Box 2593, Brisbane Qld 4001, or email scanned documents to duties@treasury.qld.gov.au (QRO). A registered self assessor can lodge it for you.
• Keep the records that verify your transfer duty liability for 5 years (form guide).

• Duty is generally on the higher of the consideration and the unencumbered value, so related-party and below-value deals need evidence of value.
• For certain business asset, right, partnership or trust transactions, only the part of the value attributable to Queensland is included; give a breakdown, for example a separate value for a licence and any vehicle or equipment.
• Not making a required transfer duty statement is an offence (s 18).