Australia: Queensland increases foreign land tax surcharge

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.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

30 Jun 2019

Revocation date:

No revocation date

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...