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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 It replaces DA-060, which has been archived but remains available on our website.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.
Last modified: 9 December 2020
