By Stuart Dixon-Smith and Scott Heezen King & Wood Mallesons’ Sydney office.
A number of tax concessions are available for Australian investment vehicles that qualify as managed investment trusts (MITs) for tax purposes. These concessions are designed to encourage investment into Australia, particularly Australian real estate, by both resident and non-resident investors.
A trust must satisfy a number of requirements in order for it to qualify as a MIT and access these concessions.
Continue Reading Investing in Australian real estate: Tax concessions for Managed Investment Trusts