Rigby Cooke Lawyers | Australia | 13 Mar 2024
14 March 2024 Property Tax In the 2023-24 State Budget, the Victorian Government announced a reform to move away from stamp duty for qualifying…
McCullough Robertson | Australia | 21 Feb 2024
In December 2023, the Victorian Government passed the State Taxation Acts and Other Acts Amendment Act 2023 (Vic), introducing multiple State tax…
KHQ Lawyers | Australia | 31 Jan 2024
In 2024, land acquisition in Victoria faces the impact of some notable tax changes which demand closer scrutiny from both vendors and purchasers…
Macpherson Kelley | Australia | 20 Dec 2023
On December 12 2023, the State Taxation Acts and Other Acts Amendment Act 2023 (the Bill) received Royal Assent, with many of the changes to take…
Johnson Winter Slattery | Australia | 18 Dec 2023
The Victorian Government has announced further details of the Commercial and Industrial Property Tax (CIPT) that is proposed to be introduced from 1…
K&L Gates LLP | Australia | 18 Dec 2023
It is longstanding conveyancing practice for the vendor’s land tax liability to be included in the usual settlement adjustments between a vendor and…
MinterEllison | Australia | 13 Dec 2023
Following consultation with industry and professional bodies, the Government has now released further details on the proposed regime and affirmed its…
Herbert Smith Freehills LLP | Australia | 12 Dec 2023
On 11 December 2023, the Victorian Government released the Commercial and Industrial Property Tax Reform Information Sheet (the Information Sheet), a…
Maddocks | Australia | 6 Dec 2023
The State Taxation Acts Amendment Bill 2023 has now been passed. It provides for a series of changes to land tax, duty and Windfall Gains Tax (WGT)…
Clayton Utz | Australia | 27 Oct 2023
State and Territory Governments are on notice after a landmark decision from the High Court concerning their revenue-raising capacities found that a…