📘 Taxation Legislation Amendment Act 2015
001 of 2015Assented 25 February 2015
The Taxation Legislation Amendment Act 2015 amends the Duties Act 2008 and the Land Tax Assessment Act 2002, primarily focusing on primary production land and exemptions related to land tax and duty assessments.
Impact
Landowners involved in primary production, particularly family-owned businesses, will be affected by changes to land tax exemptions. The Act also impacts those dealing with landholder duty and property valuations. Some changes are retrospective.
Sectors
agriculturefinance
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