Sch. 1 3.4 Land tax for trusts for 2009 and subsequent years Sch. 1 cl. 3.4 inserted by The rate of land tax for 2009 and each subsequent No. 31/2008 year for land held by an owner subject to a trust is s. 19(6). set out in Table 3.4. TABLE 3.4 Column 1 Column 2 Taxable Taxable value not value less Column 3 Item less than than Rate of land tax $ $ 1 0 25 000 Nil 2 25 000 250 000 $82 and 0375% of the taxable value that exceeds $25 000 3 250 000 600 000 $926 and 0575% of the taxable value that exceeds $250 000 4 600 000 1 000 000 $2938 and 0875% of the taxable value that exceeds $600 000 5 1 000 000 1 800 000 $6438 and 1175% of the taxable value that exceeds $1 000 000 6 1 800 000 3 000 000 $15 838 and 07614% of the taxable value that exceeds $1 800 000 7 3 000 000 $24 975 and 225% of the taxable value that exceeds $3 000 000 __________________
Sch. 1 cl. 3.4 inserted by No. 31/2008 s. 19(6). 3.4 Land tax for trusts for 2009 and subsequent years Sch. 1 The rate of land tax for 2009 and each subsequent year for land held by an owner subject to a trust is set out in Table 3.4. TABLE 3.4 Item Column 1 Taxable value not less than Column 2 Taxable value less than Column 3 Rate of land tax $ $ 1 0 25 000 Nil 2 25 000 250 000 $82 and 0375% of the taxable value that exceeds $25 000 3 250 000 600 000 $926 and 0575% of the taxable value that exceeds $250 000 4 600 000 1 000 000 $2938 and 0875% of the taxable value that exceeds $600 000 5 1 000 000 1 800 000 $6438 and 1175% of the taxable value that exceeds $1 000 000 6 1 800 000 3 000 000 $15 838 and 07614% of the taxable value that exceeds $1 800 000 7 3 000 000 $24 975 and 225% of the taxable value that exceeds $3 000 000 __________________