Michelle McKinley owns a non-exempt property which is valued at $500,000.Included in this same property is a
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Question:
Michelle McKinley owns a non-exempt property which is valued at $500,000.Included in this same property is a house valued at $167,000. Michelle also owns two other non-exempt properties which have unimproved values of $180,000 and $260,000 respectively.
Required:
Calculate the land tax liability for Michelle assuming that all the properties are located in Tasmania.
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