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land tax

Land tax is an annual tax payable by owners of land and is administered by your state or territory government. The laws are comparable between states and territories but there are some variations. Land Tax does not exist in the Northern Territory.

amount of land tax you pay is determined by the combined unimproved value of taxable property less any threshold determined by the state or territory.

h state and territory has allowable exemptions on the payment of land tax. Generally your permanent residence is exempt and other circumstances may be applicable on other land you may own.

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