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LATEST NEWS

Property Tax Update

November 16, 2015

The tax rules taxing the gain on the sale of property passed its third reading on 12 November and is waiting its Royal Assent. The legislation will require income tax to be paid on any gains from residential property purchased on or after 1 October 2015 and sold within two years. The exceptions are an […]

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LATEST NEWS

Changes to the sale of property

September 17, 2015

In the 2015 Budget, the Government announced changes to the taxation of property. There was a lot of comment about taxing gains on the sale of property within two years of purchase. However, there are additional changes that people should be aware of. The Taxation (Land Information and Offshore Persons Information) Bill split into the […]

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