Land tax - Lessons learnt from "epic fails" paper
Published on 15 Feb 13
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
This practical paper:
- covers the land tax rules relevant to property investors and developers particularly how those rules can be applied to ensure clients do not unnecessarily pay increased land tax
- reflects on the lessons learnt from real life examples where clients and advisors have missed opportunities or applied the Land Tax Act incorrectly and suffered negative outcomes
- reflects on any recent judicial decisions handed down and the attitude of RevenueSA particularly in relation to compliance and structuring techniques currently being utilised to minimise land tax.