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Tax tips: Unit trusts: NSW land tax

Published on 01 Apr 15 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Where a unit or other non-discretionary trust owns land in New South Wales, the tax-free land tax threshold will only be available if the trust satisfies stringent requirements and, therefore, is a fixed trust.

Author profile:

John Gaal
TaxCounsel is a niche tax publisher which provides comprehensive and practical guidance to practitioners on important matters affecting their clients. The company was formed by John Gaal, who for over 30 years, has written extensively on a wide range of taxation matters for a number of publishers including the Taxation Institute of Australia. Current at 01 October 2016 Click here to expand/collapse more articles by TAXCOUNSEL.
 
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