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ARTICLE · 18 OCTOBER 2022

It Depends – Queensland land tax changes (Part 2)

Cooper Grace Ward
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Video transcript & link to video discussing the recent announcements concerning land tax changes in Queensland.

AustraliaTax
Linda Tapiolas
Linda Tapiolas
Tom Walrut
Tom Walrut
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In this edition of 'It depends', senior associate Tom Walrut talks about the recent announcements concerning land tax changes in Queensland. Are the changes happening, what are the takeaways from all this and what should your planning considerations be going forward?

Video transcript

Hi, I'm Tom Walrut and welcome to this week's edition of it depends where we'll be discussing the recent announcements concerning the Queensland land tax changes.

Are the changes happening?

In short, no. They have been shelved, or at least the announcement has been that they have been shelved for now.

What are the takeaways from all of this?

So, what have we learned from all this? Two things - first and foremost, land tax needs to be at the forefront of all of your structuring considerations, particularly when acquiring assets in Queensland. And the second point is that comparatively in Queensland we have some of the narrowest grouping provisions. So, you really should

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