DUTIES ACT 2000 - SECT 28A Rate for additional duty chargeable for foreign purchasers—residential property
DUTIES ACT 2000 - SECT 28A
Rate for additional duty chargeable for foreign purchasers—residential property(1) This section applies to a dutiable transaction under which a land-related interest in residential property is transferred to a foreign purchaser.
S. 28A(2) amended by Nos 40/2016 s. 6, 67/2017 s. 5, 17/2019 s. 15.
(2) In addition to the duty otherwise chargeable under this Chapter, duty is also chargeable at a rate of 8% of the dutiable value of the land-related interest in residential property.