Foreign investor land tax surcharge
The Foreign Investor Land Tax Surcharge (FILTS) is an additional amount of land tax charged under the Part 2 Land Tax Act 2000 classified as General Land under the Act which is:
- acquired by a foreign person on or after 1 July 2022; or
- owned by a company or trust which becomes foreign on or after 1 July 2022; and
- may be, or is capable of, being lawfully used solely or primarily for residential purposes.
For additional information, refer to:
Refer to Foreign investor duty surcharge for information on the duty surcharge.