Property Transaction Tax Obligations
For every property transaction you make, you need to think about tax implications.
Property transactions can be complex. To support taxpayers, the ATO has developed a range of publications that:
- Outline the various goods and services tax (GST) treatments on property acquisition, development and disposal.
- Assist taxpayers and developers meet their taxation obligations and can be accessed on the ATO website at www.ato.gov.au
To help you to determine property related GST obligations, refer to the GST and Property Guide on the Australian Taxation Office website.