Stamp duty: would Victoria be better off with a land tax instead?

As the state government considers reforming its contentious stamp duty, here are the benefits and pitfalls of replacing it with an annual taxFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Victorian government has given its strongest indicator yet it is open to reforming stamp duty – one of the state’s most contentious taxes.The government this week released its response to a parliamentary inquiry that urged the state to investigate options to scrap stamp duty and replace it with a broad-based land tax.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

Mar 24, 2024 - 06:30
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Stamp duty: would Victoria be better off with a land tax instead?

As the state government considers reforming its contentious stamp duty, here are the benefits and pitfalls of replacing it with an annual tax

The Victorian government has given its strongest indicator yet it is open to reforming stamp duty – one of the state’s most contentious taxes.

The government this week released its response to a parliamentary inquiry that urged the state to investigate options to scrap stamp duty and replace it with a broad-based land tax.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

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