LAND TAX ASSESSMENT ACT 2002 - SECT 12

LAND TAX ASSESSMENT ACT 2002 - SECT 12

12 .         Land owned jointly, tax payable on

        (1)         The land tax payable on land owned jointly by 2 or more persons is assessed as if the land were owned by one person.

        (2)         When determining the extent (if any) to which the land is exempt or subject to a concession, the following matters are to be taken into account —

            (a)         each joint owner’s use of the land by virtue of which the land is exempt or subject to a concession (whether or not the use is common to any of the other joint owners);

            (b)         each joint owner’s interest in the land by virtue of which the land is exempt or subject to a concession (whether or not the interest is common to any of the other joint owners).

        (3)         The assessment for the land is to be kept separate and distinct from an assessment for any land that is owned —

            (a)         by any one of the joint owners individually; or

            (b)         by any of them as a joint owner with any other person.

        (4)         The owners of non-strata home units whose liability is assessed under section 16 are taken not to be joint owners for the purposes of this section.