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Australia: New clauses to allow land tax recovery by landlords

25 November 2009

Article by Kathleen Jennings

The Revenue and Other Legislation Amendment Act 2009 comes into effect on 30 June 2009. It lifts the current restriction in the Land Tax Act 1915 that prevents landlords of commercial and industrial properties (and retail properties not governed by the Retail Shop Leases Act 1994) passing land tax directly to tenants.
 
 
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