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).
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.
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.
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) Land tax must be adjusted on the basis it is paid.
Land tax. (a) Land tax will not be assessed by or payable to the State on any part of the ESEP Land:
Land tax. (a) Land tax will not be assessed by or payable to the State on any part of the Project Land: