FOREIGN PROPERTY INVESTORS: 5 YEARS OF TAX AND DUTY CHANGES
By Andrew Henshaw, Director, Velocity Legal
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’.
Andrew leads Velocity Legal’s Sydney practice.
If you are in a fight with the ATO or looking to restructure your business, you should have Andrew in your corner. Andrew is passionate about getting wins for his clients, solving difficult legal issues, and giving his clients clear and confident guidance. Andrew is a Chartered Tax Advisor, holds a Masters of Law from the University of Melbourne and is the author of ‘Life, Death and Taxes’. Andrew is also a passionate snowboarder and is always up for the next adventure in life.