老街-果博东方客服部17587197198(微信同号)

Background In about 2015, the NSW government has implemented new laws regarding the sunset clause requiring developers shall obtain an order from the Supreme Court before ending contract after the sunset date, because some unfaithful developer unreasonably extended its construction/development perio

Amend Trust Deed by End of 2019 to Refund Surcharge Duties and Taxes from Purchasing NSW Residential PropertiesIt is well known that in New South Wales, foreign persons purchasing residential land are liable to surcharge stamp duty (8%) and surcharge land tax (2%).Lots of family trusts (

Global Talent Independent Program (GTIP)The ‘Global Talent Independent Program’ was launched by Minister for Immigration, Citizenship, Migrant Services and Multicultural Affairs. The program aims to lure up to 5000 high-income earners working “at the top of their field” to Australia in ord

What is transfer of lease?Transfer of lease refers to a lessee (Tenant) transferring their interest of the property to another party (Assignee) before the end of the lease. The Tenant does not intend to recover their interest in the lease afterwards.Usually, our clients would transfer their lease un

What is a will? Simply put, a will is the intentions of the testator (also known as the will-maker) in the management of his/her wealth after death. It is a legal document written in accordance with law before death, dictating how the Executor is to distribute the legacy of the testator. A will take

A family trust is a discretionary trust set up to hold family assets and conduct family businesses. They may protect the assets of the family and may reduce tax liabilities. Family trusts are usually set up prior to marriage or for the benefit of children.A trust involves three parties:

A：As stated above, a dwelling is considered residentially occupied if the owner or a relative of the owner genuinely occupied the dwelling as a residence. A relative of a member means any of the following: a parent, grandparent, brother, sister, uncle, aunt, nephew, niece, lineal descendant or adop

A: First, the Commonwealth Vacancy Fee rule only applies to foreign owners who made a FIRB application for the residential property after 9 May 2017. If this is satisfied and the company is renting out the property for short term lease of lease than 30 days, the vacancy fee may apply. Alternatively

A: If the property is residentially occupied or rented out for more than six months (183 days) in a year, you don’t need to pay the federal vacancy fee. However, if the FIRB application date is after 9 May 2017, you may still need to lodge the vacancy fee return each year. If the FIRB application d

A:Foreign purchasers (ie, who has no Australian status) need to claim vacancy fee return. The vacancy fee return must be lodged by foreign owners of residential dwellings who made a foreign investment application for residential propertyafter 9 May 2017or purchased under a Ne