States start offering land tax deals to landlords
Matthew CranstonUnited States correspondent
State governments are offering land tax deferrals for landlords whose incomes have been or will be hit by the COVID-19 shutdown, but some landlords are suggesting the federal government needs to set up a temporary National Rental Affordability Scheme.
State land tax revenues bring in an estimated $11.6 billion for state governments who are already facing plunging stamp duty revenues from a downturn in property sales.
Loading...
Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Economy
Fetching latest articles