Will the new 'landholder' model of land tax in Victoria affect me?

  • Author : Bill Stark - 17-10-2011

As part of the 2011-2012 State Budget, the Victorian Treasurer announced that Victoria will adopt a 'landholder' duty model to replace the 'land rich' duty model from 1 July 2012. Overall, the proposed landholder duty model represents a broadening of the duty base that currently exists under the land rich duty model. What a surprise; a government broadening its tax base!
Minter Ellison have written an article about the proposed changes and the call by the State Revenue Office for comment. See:  http://bit.ly/qmG8IA

About the Author

Bill Stark

Recent Posts

Who is responsible when external cladding fails in an apartment tower during a fire?

Bill Stark Date: 10-01-2020

Valuations in Leasing Part 1: Options to Renew

Bill Stark Date: 30-11-2018

Valuations in Leasing: Renewals, Market Rent Reviews and Valuation Pitfalls

Bill Stark Date: 15-11-2018

When will there be a concluded lease, and what compensation will be payable if the landlord wrongfully breaches the lease?

Bill Stark Date: 23-05-2018

Can a lease cease to be covered by the Retail Leases Act 2003 during its current term?

Bill Stark Date: 16-04-2018

Can I challenge an expert valuer's rental determination made under section 37 of the Retail Leases Act 2003?

Bill Stark Date: 16-04-2018