Life, Death and Taxes – Insights by Andrew Henshaw
FOREIGN PROPERTY INVESTORS: 5 YEARS OF TAX AND DUTY CHANGES
Property investment in Australia has boomed in recent years. One driver behind the boom is investment by ‘foreigners’. Over the past five years, Federal and State governments have introduced a series of measures to impose greater amounts of tax on ‘foreigners’.
With the 2017-18 Federal Budget to be handed down on 9 May 2017 (potentially including more changes), this article looks at some of tax changes made over the past five years that target ‘foreigners’.