Land Tax Act 2010
sec.58ZDRecord-keeping requirement
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sec.58ZD Record-keeping requirement
This section applies if a taxpayer’s liability for land tax for a financial year is assessed on the basis that a concession under section 58B applies in relation to land. The taxpayer must keep records that show the basis on which the land is land used for an eligible BTR development for the financial year. See the Administration Act , section 118 (Period for keeping records). s 58ZD ins 2023 No. 18 s 12 (sec.58ZD-ssec.1) This section applies if a taxpayer’s liability for land tax for a financial year is assessed on the basis that a concession under section 58B applies in relation to land. (sec.58ZD-ssec.2) The taxpayer must keep records that show the basis on which the land is land used for an eligible BTR development for the financial year. See the Administration Act , section 118 (Period for keeping records).