Discretionary Trust Frequently Asked Questions
a question in Discretionary Trust
Various state governments in Australia have introduced tax surcharges for foreign persons who hold or acquire interests in property within a particular jurisdiction. If you are a foreign purchaser and you acquire property, as well as land transfer duty you may have to pay foreign purchaser duty (additional duty) or surcharge land tax. Surcharges include:
What is a Foreign Person?
The definition of foreign persons is formulated by various laws. You may be a foreign person if you meet the requirements of these acts:
What are the limitations this deed of variation?
Issues that may not be contemplated by drafting a deed of variation may include:
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