Queensland Consolidated Acts

LAND TAX ACT 2010 - SECT 19

19 General principle—taxable land is aggregated

(1) A taxpayer’s liability for land tax must be assessed on the total taxable value of all taxable land owned by the taxpayer when the liability arises.

Example—

An individual owns 2 properties that are both taxable land. The properties each have a taxable value of $500,000. The taxpayer’s liability for land tax is worked out using the total taxable value of $1,000,000.

(2) This section is subject to sections 20 and 21 .