21 Nov 2016 |
Source: NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
Presented at:
Foreign Purchaser Duty and Land Tax Changes
This video is the recorded 21 November 2016 foreign purchaser duty and land tax changes. A number of key issues are explored:
- who is caught as a “foreign person”
- when is property considered residential
- what continued monitoring is required after the transaction
- what to look out for as part of a due diligence
- how does the surcharge apply in a land tax context
- what exemptions may be available.