Sunday, July 18, 2021

Why is Australia ‘micronation central’? And do you still have to pay tax if you secede?

 

Would you like to buy a micronation? 

The Principality of Hutt River is on the market. For 50 years, the sprawling 6,100 hectare property, more than 500 kilometers from Perth, styled itself as the “second-largest country in Australia”. 

It was formed in 1970 by Leonard Casley (Prince Leonard), who seceded from Australia following a dispute with the state government over wheat production quotas. Casley died in 2019 and in August 2020, his son, Prince Graeme announced he would sell the family farm to pay a A$3 million tax bill.

Read more here and here