NSWIn ForceAct
Land Tax Act 1956
Part 2Land subject to special trust
Start here
Get a plain-English read of Part 2
Turn the raw legal text into a practical explanation grounded in Land Tax Act 1956.
# Part 2 Land subject to special trust
Part 2 Land subject to special trust
| Taxable value assessed under Principal Act | Rate of land tax payable |
| is not more than the premium rate threshold | 1.6 per cent of the taxable value |
| is more than the premium rate threshold | 1.6 per cent of the premium rate threshold, plus 2 per cent of the amount by which the taxable value exceeds the premium rate threshold |