Australia: Increased taxes on foreign property owners in Victoria

Announcement

01 Jul 2015

In July 2015, the government of Australia announced altered domestic business conditions for foreign investors.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2015

Revocation date:

30 Jun 2016

Announced: 01 Jul 2015

FDI: Treatment and operations, nes

On 1 July 2015, the Australian state of Victoria introduced an additional stamp duty tax of 3% on foreign property owners. Starting 2016, foreign owners will also have to pay an additional land tax s...

Related State Acts

Announced: 29 May 2019

Australia: Victoria increases land tax surcharges for foreigners

Announced: 22 Apr 2016

Australia: Further increased foreign property taxes in Victoria

Announced: 02 May 2015

Australia: Stricter regulations for foreign property ownership

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