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Most accountants will tell you can. Unfortunately the ATO has a different view. http://law.ato.gov.au/atolaw/view.htm?docid=%22AID%2FAID2010192%2F00001%22 So yes you will need to amend. Any you cant claim adds to the cost base of course. Before you jump to the conclusion you can only amend...

Easily overcome. A lame duck. Also thats just NSW. How many companies have unidentified shareholders ??? Land tax has no identification requirements. Its so antiquated. I cant open a bank account without ID but no provisions exist for shares. If you chase me I just make the shareholder XYZ Pty...

Land is usually appreciating. Buildings are depreciating. I would rather own a high land component in an appeciating area than a depreciating block of concrete with a QS report.

There is a legit way to obtain multiple land tax thresholds but it is costly in itself and needs to be contemplated prior to acquisition for land rich investors. Best used where there is no/limited borrowing also. Its often overlooked. The issue is that of a trust AND use of a final...