18
In forceAssessment of trustees
Part 3Assessment of windfall gains tax
Division 3How is windfall gains tax assessed?
18 Assessment of trustees
Subject to Division 4, if land is held on trust, the trustee is to be assessed for windfall gains tax on the aggregated taxable value uplift of all the land that is subject to the trust, without regard to any land held by the trustee for any other trust or for the trustee's own benefit.
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