Jun 3, 2026 – 8.00pmThe federal budget’s minimum 30 per cent tax on discretionary trusts will make commercial real estate investment more costly in Victoria, where investors moving assets from trusts into lower-taxing entities will be hit with a slew of state duties, Pitcher Partners says.Moving assets into lower-taxing entities would trigger stamp duty in any state that levied it, but in Victoria, extra imposts such as the windfall gains tax on land rezoned for development and higher land taxes under the state’s commercial and industrial property tax, would deepen the hit, the accountancy firm said.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Victorian investors face extra land tax hit from budget
Unintended consequences at the state level, from the federal budget changes last month, show why tax reform is needed, an accountant says.
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