NSWIn ForceAct
Property Tax (First Home Buyer Choice) Act 2022
27Reduction in property tax for land subject to property tax for only part of year
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27 Reduction in property tax for land subject to property tax for only part of year
27 Reduction in property tax for land subject to property tax for only part of year
For land that becomes, or ceases to be, subject to property tax during a financial year, the property tax payable for the financial year must be reduced proportionally to reflect the number of days in the financial year for which the land is subject to property tax.