Australia » Taxes

Income Tax	VAT	Capital Gains Tax

Income Tax

A property owned by a company and generating an income is subject to a tax of 30%. A resident is subject to a 17-47% income tax based on the amount of income earned in Australia.

VAT

Residential rentals and sales are subject to 10% GST.

Capital Gains Tax

The taxation claim is accumulative and can be carried forward until the year you sell it and will be reduced from the eventual capital gains tax.