sec.58XReassessment—avoidance arrangement

sec.58X Reassessment—avoidance arrangement

This section applies if the commissioner is satisfied the owner of land has entered into an arrangement, whether in writing or otherwise, to circumvent limitations on, or requirements affecting, eligibility for a concession under section 58B . The commissioner may make a reassessment of the owner’s liability for land tax for a financial year on the basis that the owner is not entitled to the concession under section 58B . s 58X ins 2023 No. 18 s 12 (sec.58X-ssec.1) This section applies if the commissioner is satisfied the owner of land has entered into an arrangement, whether in writing or otherwise, to circumvent limitations on, or requirements affecting, eligibility for a concession under section 58B . (sec.58X-ssec.2) The commissioner may make a reassessment of the owner’s liability for land tax for a financial year on the basis that the owner is not entitled to the concession under section 58B .