New exemption guidelines for Foreign Purchaser Additional Duty

Published on 10 January 2018

The Victorian Treasurer has published new exemption guidelines for Foreign Purchaser Additional Duty.

The guidelines were updated following a scheduled review of their operation and now contain more guidance in relation to determining whether an exemption should be granted.

The new Foreign Purchaser Additional Duty guidelines apply to all dutiable transactions and relevant acquisitions occurring on or after 5 January 2018.