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Foreign property investment, mu...

Foreign property investment, multinationals tax crackdowns stepped up

The Australian Taxation Office is investigating over 500 property purchases by foreign buyers, including multi-million-dollar homes purchased by students with no income, while the Federal Government has also introduced legislation to limit tax avoidance by multinational firms.

The Australian Taxation Office is investigating over 500 property purchases by foreign buyers, including multi-million-dollar homes purchased by students with no income, while the Federal Government has also introduced legislation to limit tax avoidance by multinational firms.…

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