ANNOUNCED AS TEMPORARYNo
FDI: Treatment and operations, nes
On 10 June 2016, the Queensland Treasurer announced the state would introduce a new 3% tax surcharge on foreign buyers of residential properties.
The tax is set to come into force starting 1 July 2016.
The move follows other states and the federal government which have introduced or raised foreign property taxes in recent months (cf. Related Measures).
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