Landholders and land-holdings for landholder duty

You pay landholder duty when you make a relevant acquisition in a landholder.

There are 2 types of landholder:

• private landholder—an unlisted corporation (i.e. a company not listed on a recognised stock exchange)
• public landholder—a listed unit trust or listed corporation.

Land-holdings commonly include:

• an interest in land, other than
  • a security interest
  • an interest in a trust
• anything fixed to the land (e.g. pipelines, plant and equipment), whether or not the landholder has an interest in it
• an interest in land, including anything fixed to the land, that is the subject of a purchase or sale agreement
• the land-holdings of a subsidiary of the landholder
• land-holdings held on trust by the landholder, where the landholder (or a subsidiary of the landholder) is a beneficiary of the trust
• land-holdings held by the landholder for a partnership, regardless of the interest that the landholder has in the partnership.

Landholder duty was introduced on 1 July 2011 to replace land rich duty.

Also consider…

• Read about lodging relevant acquisitions for assessment.
• Find examples of how landholder duty is calculated.
• Learn about exemptions from landholder duty.
• Understand how AFAD applies to landholder duty.