The Hidden Trust Trap: Could Your NSW Property Be Exposed to Foreign Duty Surcharges?

Unfortunately, many trustees are now discovering that a hidden legal trap exists within older trust deeds — one capable of triggering substantial foreign purchaser surcharge duty and annual surcharge land tax liabilities, even where the trustee and beneficiaries are Australian citizens.

Continue ReadingThe Hidden Trust Trap: Could Your NSW Property Be Exposed to Foreign Duty Surcharges?