Here is the great report published by Brisbane Times Reporter Felicity Caldwell on 13 April, 2019.
Report reveals the $12 million tax grab taken from Queensland 'Absentees'
The Australian Property Council as well as Shadow Treasurer Timothy Mander express their harsh and justified criticism of this terribly unfair Labor tax.
Thanks to Craig Smith and Greg Fogarty for your contributions to the report.
$12.8 million tax driving investors to ditch Queensland homes
With shadow Treasurer Tim Mander criticising the Absentee Surcharge, I believe that this could pave the way to seeing it scrapped for Australian citizens should Queensland Liberal Party be re-elected.
The 2017 Labor Government Budget introduced changes to the Land Tax Act that causes nearly all Australian citizens owning property in Queensland, who are overseas for 6 months or more in a financial year, to be subjected to a combined Land Tax (at a reduced threshold) as well as an Absentee Surcharge at 1.5% of the value of your land. Prisoners of the State.
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