Taxes imposed by federal and state governments on foreign property buyers could breach international tax treaties with eight countries and be open to legal challenge.
Large numbers of property buyers from India, in particular, may be eligible for tax refunds.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
