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READ MOREQueensland land tax a revenue grab: CPA Australia
Queensland’s revised land tax is a “revenue grab” and “double taxation at its worst” said CPA Australia in outspoken support for condemnation of the levy by NSW Premier Dominic Perrottet.
“Queensland’s new land tax is not a good idea. We are finding it increasingly frustrating that state governments are introducing tax grabs without proper consultation, resulting in poor policy like this,” senior manager tax policy Elinor Kasapidis said.
“Governments are casting around for ways to repair their bottom line but there are better ways to fill the public coffers than by double taxing land owners.
“This is an example of double taxation at its worst. Landlords with property in other states and territories already pay land tax to those governments where the property is located. This is unfair and nothing more than a revenue grab.”
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