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Michelle McKinley owns the following non- exempt properties A property valued at $500,000. Included in this value is a house valued at $167,000 A property

Michelle McKinley owns the following non- exempt properties A property valued at $500,000. Included in this value is a house valued at $167,000 A property with an unimproved value of $180,000 A property with an unimproved value of $260,000 Required: Calculate the land tax liability for Michelle assuming that all the properties are located in Tasmania. (Show your workings)

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