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My belief is that you have a discretionary trust and as such you will not be eligible for a tax threshold. It used to be a unit trust still befitted from a threshold but I think that this has also changed. The Chan special property trust PIT was based on a unit trust and has since lost out to...

So Lev - trying to get past the econospeak,( I mean using words like unfettered - straight out of a text book) what is it that you are really trying to say? Is it the a land tax should be applied to every parcel of land regardless of who owns it or the use to which it is put? In other words a...

Do you really understand how land tax and local council rates are applied??? From the quoted text it appears that you actually have no idea. How does building on your land minimize your land tax? Whether I have empty land or a block of units on my land my land tax bill is the same as the basis...