A good website link here outlining issues facing expats - such as the QLD Land Tax & Absentee Surcharge and the removal of Primary Residence Capital Gains Tax exemption.
Links here from the Exfin website:
blog-expat-issues
stamp-duty-land-tax
The example given in the blog (as I have listed in a previous post) is for a property with an $800,000 land value.
The Australian resident rate for Land Tax payable would be $2,500 per annum.
The Absentee rate however would be $15,850 per annum. An extra $13,350 payable by an Absentee for that year. What a stupendously huge amount. Absolutely devastating to many hit with a bill like that. This can break people. So severe.
How can the QLD Labor government justify with their flawed rhetoric that they have repeated over and over that absentees are “generally not subject to the range of taxes used to deliver the high-quality services and infrastructure that ultimately contribute to growth in Queensland property values”?
They repeat this like parrots, obviously given that as the required response for that piece of crappy legislation.
So, what taxes am I not subjected to already? I am still struggling to find what those taxes are since we are paying so many and so much.
Conversing with other Australians and financial experts as to what taxes they also pay that I may not be make me come to the conclusion that there are NO other sets of taxes I am not paying that apparently contribute to services and infrastructure in QLD. It is a total and utter con job. Palaszczuk is a disgrace.
Do they honestly think we are all that stupid? They really just do not care. Palaszczuk has shown her true colours chuckling at struggling farmer's plights as well - as we know many poor struggling farmers commit suicide. She thinks it's a bit of a laugh. Driving people to kill themselves a laugh for the Labor party (will try to dig up that article again).
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