SMSFs & NSW Land Tax

There are two planning issues for land tax: obtaining exempt status and enjoying the land tax threshold. While the OSR is becoming increasingly less accommodating as to whether land qualifies for the primary production exemption, there is little the OSR can do to deny the land tax threshold if the correct structure is employed. This session will consider the applicable of NSW land tax to land NSW interests of SMSFs whether held directly or indirectly in various trust structures or companies. In particular, the session will consider land held directly, land held in holding trusts, unit trusts and companies.