Foreign investor land tax surcharge
The Foreign Investor Land Tax Surcharge (FILTS) is an additional amount of land tax charged under the Land Tax Act 2000 (the Act) on land 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.