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Leaps in land values lead to a three-year tax headache for NSW property investors

21-Mar-2023 10:02 | Deleted user

Landholders in New South Wales are facing a potential three-year surge in land tax, following the 2021 property boom.

While property prices across the state have dipped in recent months, land tax liabilities have increased due to inflated Land Tax assessments combined with a Land Tax formula that has not kept pace with valuations.

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