Victorian Consolidated Legislation

Land Tax Act 2005 - SECT 50

Grouping of related corporations

50. Grouping of related corporations



(1) The Commissioner may treat related corporations as a single corporation
for the purposes of this Act.

(2) If the Commissioner does so-

   (a)  the Commissioner must assess the related corporations jointly for land
        tax; and

   (b)  the related corporations are jointly and severally liable for the land
        tax; and

   (c)  section 46 of the Taxation Administration Act 1997 applies
        accordingly.

Division 4-General