Understanding Landholder Duty in the Northern Territory: Rates, Triggers, and Exemptions
Understanding Landholder Duty in the Northern Territory: Rates, Triggers, and Exemptions By Ward Keller | January 2025 Author | Partner, Leon Loganathan In the Northern Territory, landholder duty is a significant consideration for transactions involving landholdings with a value of at least $500,000 held by companies or unit trust schemes. Unlike transfer duty, which applies…