Landholder provisions – ruling on valuation of land holdings published following public consultation

Published on 09 December 2020

Revenue ruling DA-060v2 on the valuation of land holdings has been published following public consultation. It replaces DA-060, which has been archived but remains available on our website.

The revised ruling:

• includes a change to the legislative definition of ‘land holding’, and 
• provides guidance on when the Commissioner will consider the written down book value of fixtures in the absence of formal valuation evidence.

Read revenue ruling DA-060v2.