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Australia: New tax surcharge on foreign property in Queensland

Description

On 10 June 2016, the Queensland Treasurer announced the state would introduce a new 3% tax surcharge on foreign buyers of residential properties. The tax is set to come into force starting 1 July 201...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

01 Jul 2016

Revocation date

No revocation date

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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