Second Reading Speeches

Foreign Acquisitions and Takeovers Fees Imposition Amendment (Near-new Dwelling Interests) Bill 2018

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
45

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Summary

Introduced with the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 2) Bill 2018, the bill amends the

Foreign Acquisitions and Takeovers Fees Imposition Act 2015
to impose reconciliation fees on developers who sell a near-new dwelling to a foreign person under a near-new dwelling exemption certificate.