The Foreign Investor Duty Surcharge (FIDS) is an additional amount of duty charged when residential or primary production property is acquired (either directly or indirectly) by a foreign person. This includes vacant land which may meet the definition of residential or primary production property.
For additional information, refer to:
|Additional information (to the dutiable document or acquisition statement) required to calculate FIDS and what to do if your land type changes.
|View the definition of a foreign person, foreign natural person, foreign corporation, foreign trustee, foreign trust and discretionary trust.
|The documentary evidence required to identify if a transferee is foreign.
|Details circumstances where an exemption from FIDS will apply.
|What to do if your foreign status changes and how to apply for a FIDS refund.
|View the FIDS rates and how to calculate the surcharge.