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Restrictive Tax Slashed in Build-to-Rent Boon

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Build-to-rent developers are celebrating the removal of a significant hurdle to the fledgling sector as the federal government halves the controversial Managed Investment Trust withholding tax. 

Industry stalwarts have lobbied for years for the 30 per cent tax to be dropped to 15 per cent in line with purpose-built student accommodation assets. 

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Article originally posted at: https://www.theurbandeveloper.com/articles/MIT-tax-slashed-in-build-to-rent-boon