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Purchasing property, foreign investor, property lawyer, Shire Legal, Miranda, Sutherland Shire, Sydney CBD
Purchase of Residential Real Estate by Foreign Investors australian taxation office (ato) foregin investment review board (firb) foreign investment purchasing property May 09, 2022

 The Australian Federal Court has issued the first penalty order for breaches of Australia’s foreign investment rules, resulting in $250,000 in penalties: Commissioner of Taxation v Balasubramaniyan [2022] FCA 374.

A foreign investor has been penalised for purchasing multiple...

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