Windfall gains tax

Significant windfall gains can accrue to landholders when the value of their land increases due to the actions of government. This includes government decisions to rezone land.

A tax on windfall gains associated with a rezoning is an efficient and targeted way of capturing a fair share of these value uplifts for the community, contributing to infrastructure and services where the property values increase due to the actions of Government.


Reviewed 28/10/2021
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