I'm guessing it'll just be a surcharge on top of the regular property tax. Rather than a flat per month or per year rate.
The rate method is the easy part. the hard part is defining what a vacant property is, and somehow getting compliance with that.
Example 1 - a single (not married, no kids) MLA has a house in Van but works in Vic 200 days a year (joke, I know). So their home is vacant 200 days a year. Probably not a vacant home.
2 - HK businessman has an investment condo in Van and uses it one weekend every month during business trips. More questionable.
3 - Another foreign investment condo but someone stays there 2 or 3 days a year, or just goes in to make sure it wasn't used for a rave. - Should be captured.
But how do you actually do it? All these use electricity, so is it just a declaration?
Edited by nagel, 13 July 2016 - 07:36 AM.