NSW: Proposed Property Tax

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NSW: Proposed Property Tax - 18 November 2020

Tax insights

On 17 November 2020, as part of the NSW Budget, the Treasurer announced a proposal to introduce a property tax regime that would provide taxpayers with a choice between paying a known amount of stamp duty at the time of purchase of a property, or an annual property tax charge instead. The proposed new property tax is intended to replace transfer duty on properties over a long period of time.

NSW: Proposed Property Tax
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