200-DAY RULE: “ORDINARILY RESIDENT IN AUSTRALIA”

This article serves as a timely reminder for foreign persons purchasing residential-related property in NSW as Revenue NSW seem to be doing an audit of property transactions for outstanding liabilities for surcharge purchaser duty. It is important to note that while buying a residential property, there is a distinction between a “permanent resident” and “ordinarilyContinue reading “200-DAY RULE: “ORDINARILY RESIDENT IN AUSTRALIA””