Land tax. Contractor shall pay a land tax in accordance with the section 12, Tax Code.
16.2.8.1. Contractor shall make computation of land tax in accordance with the articles 332-335.
16.2.8.2. Tax payment shall be effected in the order established by chapter 55, articles 339-341, Tax Code.
Land tax. (a) Land Tax shall be apportioned on the amount assessed by the Commissioner of Land Tax for the year current at the Completion Date and on the basis that the assessment has been paid by the Vendor the Land is the only land owned by the Vendor and is not subject to any surcharge (including any absentee or foreign owner surcharge).
(b) If the Vendor is unable to produce to the Purchaser at or prior to Completion a certificate stating that the Land is not liable for Land Tax for the year current at the Completion Date or other evidence that the Land Tax for the year current at the Completion Date has been paid then:
(1) the Purchaser must complete this agreement; and
(2) the Purchaser must make an adjustment in favour of the Vendor at Completion for the Purchaser’s proportion of the Land Tax calculated in accordance with the requirements of clause 7.2(a); and
(3) The Vendor directs the Purchaser to deduct from the Balance Sale Price the amount of the Land Tax and to pay that amount to the Commissioner of State Revenue.
Land tax. (a) Land tax must be adjusted on the assessment that the Office of State Revenue would issue for the land tax year current at the Settlement Date if the Lot was the registered owner's only land.
(b) If land tax is unpaid at the Settlement Date and the Office of State Revenue advises that it will issue a final clearance for the Lot on payment of a specified amount, then the Buyer may deduct the specified amount from the Balance Purchase Price at settlement and must pay it promptly to the Office of State Revenue. If an amount is deducted under this clause, then land tax will be treated as paid at the Settlement Date for the purposes of clause 2.6(2)."
(j) Clause 2.6(12) is amended by adding "Subject to clauses 2.6(16) and 2.6 (17)," at the beginning of the clause.
(k) Delete clauses 2.6(15), 2.6(16) and 2.6(17) and replace with the following: “
Land tax. Land tax must be apportioned as if the Property were the Vendor's only Tasmanian land.
Land tax. The parties agree that, should settlement be delayed past 30 June of the current year through no fault of the Seller, then land tax is to be adjusted on settlement in accordance with clause 2.6.
Land tax. (a) If the State Revenue Office issues an assessment for land tax to the Vendor at any time in respect of the financial year in which the sale of the Property to the Purchaser completes, then the Purchaser must pay to the Vendor a rateable proportion of such land tax calculated on a single holding basis, from the date of possession or completion (whichever is the earlier) until the end of such financial year.
(b) The proportionate rate of such land tax shall be payable by the Purchaser to the Vendor’s solicitors within 30 days of the date on which the Vendor’s solicitors serve a Notice of Demand for payment on the Purchaser’s solicitors or where the Purchaser does not nominate a solicitor to complete the purchase, on the Purchaser at the address set out in this Contract.
(c) Should the Purchaser fail to pay their proportion of land tax in accordance with this clause, then the Purchaser in addition to such land tax must pay all penalties, interests and other charges that may apply in consequence of late or non-payment.
Land tax. (a) If the State Revenue Office issues an assessment for land tax to the Vendor at any time in respect of the financial year in which the sale of the Property to the Purchaser completes, then the Purchaser must pay to the Vendor a rateable proportion of such land tax calculated on a single holding basis, from the date of possession or completion (whichever is the earlier) until the end of such financial year.
(b) The proportionate rate of such land tax shall be payable by the Purchaser to the Vendor’s solicitors within 30 days of the date on which the Vendor’s solicitors serve a Notice of Demand for payment on the Purchaser’s solicitors or where the Purchaser does not nominate a solicitor to complete the purchase, on the Purchaser at the address set out in this Contract.
(c) Should the Purchaser fail to pay their proportion of land tax in accordance with this clause, then the Purchaser in addition to such land tax must pay all penalties, interests and other charges that may apply in consequence of late or non-payment. • allow the Purchaser to terminate without penalty within a cooling off period; and • provide for sale as is/where is, without promises about physical condition, permits or certificates. • they have read these Particulars of Sale and the Standard Conditions of Sale 2023, • their intention to be bound by this Contract for the sale of real estate, and • they had the opportunity to take necessary advice before signing the Particulars of Sale. • the Standard Conditions of Sale 2023 form part of this contract Vendor Signature ........................................................................................................................................................ In the presence of: Witness Signature ...................................................................................................................... ..................................................................................................................... ..................................................................................................................... .....................................................................................................................
Land tax. (a) Land tax must be adjusted on the basis it is paid.
(b) If the Property has been separately assessed, then land tax must be adjusted on the basis that, at midnight on the previous 30 June, we owned the Property and no other land.
(c) If the Property has not been separately assessed, then the land tax adjustment is to be made on the amount equal to A x B ÷ C, where— A is the amount of land tax we paid or would have had to pay for the Land on the previous 30 June B is the interest schedule Lot Entitlement of the Property, and C is the aggregate interest schedule Lot Entitlement for the Scheme.
(d) If land tax has not been separately assessed on the Property or the Land, then the amount of land tax to be adjusted is calculated in the way reasonably determined by our solicitor.
(e) If any land tax is unpaid at Settlement, then we must pay the land tax a reasonable time after an assessment issues.
Land tax. (a) Land tax will not be assessed by or payable to the State on any part of the Project Land:
(i) that is utilised for the purpose of a roadway;
