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To: Moominoid who wrote (7945)8/29/2001 10:42:47 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi David, They bought via off-the-shelf Australian registered companies (circumventing the citizenship and residency issue altogether), in turn controlled by island registered company(s), and when they sell, they sell the Australian company or the controlling island registered company(s), not the underlying Australian property, and as the registered property owner did not change hand officially, thus not necessarily to pay the proper amount of gains tax, stamp duty, or other frictional losses.

We collectively believe governments are a bother.

Chugs, Jay



To: Moominoid who wrote (7945)8/29/2001 3:15:46 PM
From: the_wheel  Read Replies (2) | Respond to of 74559
 
Thanks David!

<<some of Australia’s citizens are cautious about foreign individuals >>

I guess this answers the discrimination I asked about in my rant. It exists and the gobt is doing something about it. What is your feeling towards furiners?


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