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    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Julie Dont think the multiple trust theory. My reading seems to indicate that it is a property tax and will apply per property, but we will probably have to wait until we see the legislation.
  2. N

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    This Government is not totally stupid. By getting a grip on land tax with no threshold provides them with a steady income stream regardless of the property cycle. Boom or bust they get their dollars. It also appears that there is no allowance for indexation in the proposed legislation...
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