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Stamp duty on home loans under review

Stamp duty on home loans under review (News (General))

by administrator @, Wednesday, June 24, 2009, 15:30

STAMP duty on housing loans could be abolished after the Henry tax review, which is likely to recommend states be given a share of income tax to make up the difference.

The most likely path to do this would be for the Commonwealth to give the states the ability to impose their own surcharge on income tax, which would be collected for them by the Australian Tax Office.

Click on the following link to read moreā€¦

http://www.news.com.au/business/money/story/0,28323,25669535-5013951,00.html

Tags:
stamp duty, home loans


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