How is land tax calculated in South Australia?
Correct Answer
D) A progressive scale applied to the combined site value of all taxable land owned
SA land tax is calculated on a progressive scale applied to the aggregated total taxable site value of all land owned by the taxpayer (excluding exempt land such as a principal residence). Higher total values attract higher marginal rates.
Why This Is the Correct Answer
Under the Land Tax Act 1936 (SA), an owner's taxable land is aggregated, and progressive rates are applied to the total site value, so larger holdings attract higher marginal rates.
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