Victorian Current Acts

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WINDFALL GAINS TAX ACT 2021 - SECT 9

What is the rate of windfall gains tax?

The rate of windfall gains tax is set out in the following table.

Item

Taxable value uplift

Rate of windfall gains tax

1

Not more than $100 000

Nil

2

More than $100 000 but less than $500 000

62·5% of that part of the taxable value uplift that exceeds $100 000

3

$500 000 or more

50% of the taxable value uplift

Division 2—Determining taxable value uplift



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