Victoria introduces various state taxation measures – October 2024

As outlined by Sarah Shaw, the Victorian Government has introduced several state taxation measures, some of which have now commenced from October 2024.

During October 2024, the Victorian Government introduced various state taxation measures; and – the legislation enacting certain other measures received Royal Assent. The state taxation measures include: the introduction of a temporary off-the-plan land transfer duty concession; the introduction of further amendments to the Commercial and Industrial Property Tax (CIPT) regime, the vacant residential land tax (VRLT), reinforcement of the existing foreign surcharge regimes, a new lan...

Sign in below or register now to read the full article

Authors: Sarah Shaw

Published Date: 11 November 2024