Global Trade Alert
Global Trade Alert

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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Jul 2015

Revocation date:

No revocation date

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...

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