Simon Tisher presents a State Taxation Update. He discusses the changes and activity which have taken place in Victorian State Taxation over the past few years, with several legislative amendments and numerous decisions from the Supreme Court and the VCAT. This episode is tailored to the small and medium enterprise market and Simon provides general observations about state taxation litigation; the legislative changes made in 2019 in relation to economic entitlements, fixtures and the land tax valuation of heritage buildings; the duty exemption from trusts to beneficiaries; land tax and the principal place of residence exemption, land tax exemptions for primary production land; foreign purchaser additional duty and lastly, the absentee owner land tax surcharge.