NSW Land Tax & Trusts
Often not understood by investors, the trusts laws vary by state with in Australia. This includes how land tax is assessed and applied. For example, a discretionary trust in NSW cannot access the land tax free threshold, but can in Queensland. We take a look at some of trust definitions in NSW and how they are treated by the NSW OSR for land tax purposes. For land tax purposes, trusts can be divided into six categories: special trusts fixed trusts superannuation trusts trusts