Land tax – Deceased estates

Land tax as it applies to deceased estates is a complex area.  Various factors need to be considered to ensure appropriate outcomes having regard to the specific circumstances of the deceased estate, the beneficiaries of the estate and, in some circumstances, the use of land. By working with the executor and/or administrator of a deceased estate (Estate Administrator) and/or estates lawyers, we can assist in ascertaining what may be appropriate outcomes for land tax purposes. When does liability arise for land tax? In Queensland, land tax is assessed on land held at midnight on 30 June each year, for the coming 12 months. Where...