22
Jan
Land tax exemptions available to trusts
The application of Queensland land tax to land held in trust by private wealth families can easily be misunderstood. In the attached article, Lyndon Garbutt and Alex Whitney summarise: the circumstances in which land will be held on trust for land tax purposes; who will be regarded as beneficiaries; and the circumstances in which land held on trust should be eligible for the home exemption and primary production exemption.
09:43 /
Land Tax