e <a href="#Single">single and multiple holding tax</a> ) between the buyer and seller of land. </p>
      <p><strong>How is Land Tax calculated?</strong><a name="Howis"></a></p>
      <p>The Land Tax Notice for Payment is calculated on the basis of the total site value of all land owned (either solely or jointly) as at midnight 30 June, excluding exempt land. (see <a href="#Exempt">what land is exempt from land tax</a>)</p>
      <p>It should be noted that where an owner owns more than one taxable prope