As at 2026, how does South Australian land tax treat land held on trust?
Correct Answer
B) Trust land is generally taxed at higher trust rates, subject to limited exclusions
Since the 2020 reforms, SA land tax generally assesses land held on trust at trust surcharge rates, which are higher than the general rates. Discretionary trusts that held land at 16 October 2019 could nominate a designated beneficiary to be assessed at general rates, but nominations closed on 31 December 2021 and are no longer accepted. Certain trusts are excluded from the trust rates.
Why This Is the Correct Answer
Since the 2020 land tax reforms, land held on trust in SA is generally assessed at higher trust rates. Exclusions are limited, and the option for discretionary trusts to nominate a designated beneficiary closed on 31 December 2021.
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