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Microsoft Excel formula for calculating stamp duty in Queensland (QLD), Australia. Long form edition without any "magic numbers".
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| =ROUND(IF(A1>1000000,(75000-5000)*0.015+(540000-75000)*0.035+(1000000-540000)*0.045+0.0575*(A1-1000000),IF(A1>540000,(75000-5000)*0.015+(540000-75000)*0.035+0.045*(A1-540000),IF(A1>75000,(75000-5000)*0.015+0.035*(A1-75000),IF(A1>5000,0.015*(A1-5000),0)))),) |
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