Foreign ownership taxes
Uncertainty continues to plague the introduction of Victoria’s foreign owner stamp duty and land tax surcharges.
Not only does this tax impact land transfers, it will be applied to land tax bills for the first time next year. Members need to be aware of their possible tax liability, and how to interact with the State Revenue Office on this complex matter.
On 1 December, the Property Council will be hosting an industry briefing which will help unpack what the new foreign investor tax means for your business.
Join CEO of Fraser’s Property Australia, Rod Fehring, ShineWing Australia’s Tax Partner Stephen O’Flynn and SRO’s Paula Thorne to learn:
-Who is affected by these new rules
-What the impacts will be on the wider investment market
-How to navigate the exemptions process
Property Council Tax Committee Chair Tom Cantwell will moderate the discussion. Places are limited so book now!
More info about the event can be found here