Further to our recent article regarding the shakeup to conveyancing transactions as a result of the 2017 budget, a new piece of legislation has come into effect on 1 July 2017 which directly affects all real estate agents and buyers/sellers, where the market value of a property is over $750,000. Although the aim of the...
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Regardless of whether you are a foreign person or an Australian resident, the new withholding tax legislation (‘tax legislation’) may affect you if you are involved in a transaction relating to the sale or purchase of Australian real property, with a purchase price of more than $2 Million. There are also several other methods of...
