Land tax in Queensland is imposed under section 6 of the Land Tax Act 2010 (Qld). Section 8(1) of the Taxation Administration Act 2001 (Qld) gives power to the commissioner for the administration and enforcement of the tax laws.

The land tax threshold in Queensland is as follows:

Taxable value Rate of tax 
$0 - $599,999 $0 
$600,000 - $999,999 $500 plus 1 cent for each $1 more than $600,000 
$1,000,000 - $2,999,999 $4,500 plus 1.65 cents for each $1 more than $1,000,000
$3,000,000 - $4,999,999 $37,500 plus 1.25 cents for each $1 more than $3,000,000
 $5,000,000 and over $62,500 plus 1.75 cents for each $1 more than $5,000,000