Primary production Property State taxes

Does land you own qualify for primary production exemption from land tax?

Source: New South Wales

Published Date: 2 Jun 2016

 

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This paper covers:

  • what the law actually provides
  • how the OSR is currently seeking to apply the law
  • how the courts have drawn dividing lines
  • traps to be wary of, particularly where land is used by persons other than the owner
  • evolving from primary production to land development " when does the exemption cease?
  • ways to seek early certainty, OSR private rulings and OSR approval of exemption applications.

Individual Session

Does land you own qualify for primary production exemption from land tax?

Author(s): Andrew Rider

Details

  • Published By: Andrew Rider
  • Published On:2 Jun 2016
  • Took place at:Sofitel Sydney Wentworth, Sydney

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Tags

Primary production Property State taxes Payroll tax Land tax Miscellaneous 2016

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