Proposed changes to land tax in Queensland were met with a great deal of resistance across the state, and nation. Heading south, New South Wales took its first steps to move away from stamp duty to a broad-based property tax. The big change yet to be seen in Victoria is the commencement of the windfalls gains tax. With one deferral already, and the past revealing that taxes can be scrapped after being legislated, will it proceed as planned?
In this episode, Kristina Popova, State Taxes Partner discusses some of the significant stamp duty and state tax changes we’ve seen this year across the country and what we may see in the New Year.