New South Wales Consolidated Acts
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LAND TAX MANAGEMENT ACT 1956 - SECT 25
25 Equitable owner
(1) The owner of any equitable estate or interest in land is liable in respect
of land tax as if he or she were the legal owner of the estate or interest and
land tax is to be assessed accordingly.
(2) For that purpose--
(a) the owner
of the legal estate is taken to be the primary taxpayer and the owner of the
equitable estate is taken to be the secondary taxpayer, and
(b) there is to
be deducted from the land tax payable by the secondary taxpayer in respect of
the land such amount (if any) as is necessary to prevent double taxation.
This section does not apply in respect of land that is subject to a
(4) This section is subject to the other provisions of this
Act, in particular sections 25A and 26.
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