Tax and You (83) Changes to stamp duties and CGT withholdings

The exemption and concession are available for new and established home purchases and will be applicable to contracts signed from 1 July 2017.

Mr. Trinh Huu Loc Source: SBS Vietnamese

From 1 July 2017, first home buyers purchasing properties valued below $600,000 will be exempt from paying stamp duty. Further, first home purchases valued between $600,000 and $750,000 will receive a concession applied on a sliding scale. It will be available for new and established home purchases.