Announcement
19 Jun 2019
The regional government of Queensland increased the land tax surcharge rate for all types of land in the region owned by foreigners and non-permanent residents.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Jun 2019
Revocation date:
09 Apr 2020
To be terminated: 09 Apr 2020
FDI: Treatment and operations, nes
On 19 June 2019, the regional government of Queensland has adopted the 2019/20 Budget increasing the land tax surcharge rate from 1.5% to 2%.
The new surcharge applies not only to foreign and non-perm...
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Related State Acts
Announced: 09 Apr 2020
Australia: Queensland approves temporary waiver of foreign land tax surcharge in response to the COVID-19 pandemic
Announced: 29 May 2019
Australia: Victoria increases land tax surcharges for foreigners
Announced: 01 Jul 2017
Australia: New South Wales set a land tax surcharge for foreign investors
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