Created
November 20, 2016 10:48
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Microsoft Excel formula for calculating stamp duty in Tasmania (TAS), Australia. The output of this formula matches the official calculator (which rounds inputs to the nearest $100), but doesn't match the "letter of the law".
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| = | |
| IF(A1 > 725000, 27810 + 0.045 * (CEILING(A1,100) - 725000), | |
| IF(A1 > 375000, 12935 + 0.0425 * (CEILING(A1,100) - 375000), | |
| IF(A1 > 200000, 5935 + 0.04 * (CEILING(A1,100) - 200000), | |
| IF(A1 > 75000, 1560 + 0.035 * (CEILING(A1,100) - 75000), | |
| IF(A1 > 25000, 435 + 0.0225 * (CEILING(A1,100) - 25000), | |
| IF(A1 > 3000, 50 + 0.0175 * (CEILING(A1,100) - 3000), | |
| 50) | |
| ))))) |
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