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Australia: Further increased foreign property taxes in Victoria

Description

On 22 April 2016, the Victoria government announced it would raise foreign property taxes. According to the press release, "(i)t is only fair that foreign buyers - who do not pay taxes such as payrol...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

01 Jul 2016

Revocation date

29 May 2019

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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