The State Government’s new foreign land tax surcharge will effectively double the land tax liability for a large number of Queensland asset owners.

Land tax assessments notices have been delayed for many owners as this exemption framework is finalised, while other owners have been asked by OSR to identify if they meet he foreign owned threshold.

The Property Council’s ongoing advocacy work is seeking to create exemption avenues from this new tax to limit its impact on Queensland’s investment competitiveness. Land tax assessments notices have been delayed for many owners as this exemption framework is finalised.

Join us for the industry’s first opportunity to be walked through the finalised ex gratia relief guideline and the opportunities available for foreign land tax surcharge exemptions. Find out what the process will involve, who will be affected, and what the implications will be on overseas capital.