Queensland Consolidated Acts

LAND TAX ACT 2010 - SECT 67

67 When is a land tax benefit obtained

(1) A person obtains a
"land tax benefit" if an amount of land tax payable by the person under this Act apart from this part is, or could reasonably be expected to be, less than it would have been had the scheme not been entered into or carried out.

(2) The amount of the land tax benefit is the difference between the amount of land tax payable and the amount of land tax that would have been payable had the scheme not been entered into or carried out.