Article 6KJP6 Stamp duty: would Victoria be better off with a land tax instead?

Stamp duty: would Victoria be better off with a land tax instead?

by
Adeshola Ore
from World news | The Guardian on (#6KJP6)

As the state government considers reforming its contentious stamp duty, here are the benefits and pitfalls of replacing it with an annual tax

The Victorian government has given its strongest indicator yet it is open to reforming stamp duty - one of the state's most contentious taxes.

The government this week released its response to a parliamentary inquiry that urged the state to investigate options to scrap stamp duty and replace it with a broad-based land tax.

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