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Windfall Gains Tax sends shockwaves through Victoria s real estate sector: navigating the complexities of WGT
The introduction of the Windfall Gains Tax (WGT), which will come into effect in Victoria on July 1, 2023 and has created a flurry of activity in the state's real estate sector.
Windfall gains tax
Capital improved value
Pappa bonanza
Kara break even
Delayed payment
Way around
Rezoning clock
Deferred payment quagmire
Compliance countdown
Risk management
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