Enforcement/sro-vicVIC

SRO Victoria — Windfall Gains Tax (new)

administrative1 July 2024

Facts

Vic Windfall Gains Tax (in force 1 July 2023) — 50% tax on rezoning value uplifts ≥$500K. First assessments + objections proceeding.

Outcome

Active assessment + objection process; large value uplifts triggering significant tax.

Read the source

https://sro.vic.gov.au/windfall-gains-tax

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