July 2016 News Archive

Foreign Acquirer Duty plus Foreign Resident Capital Gains Withholding Payments

2016 07 05 11
Posted at 05 July, 2016

Foreign Acquirer Duty In the 2016-2017 Budget the treasurer announced a new Foreign Acquirer Duty payable by foreign buyers of residential property in Queensland. The tax will be assessed at 3% of the purchase price in addition to normal stamp duty rates.......

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