Owners of CIPT taxable land pay a flat annual tax of 1% of the land's taxable value, or 0.5% for build-to-rent land.

The Commissioner of State Revenue can disregard tax avoidance schemes and issue assessments to recover unpaid CIPT.

Unpaid CIPT, including interest and penalties, becomes a first charge on the land that takes priority over other encumbrances.

Residential rental providers are prohibited from passing CIPT costs on to renters through rental agreements.

Transferees of tax reform scheme land are exempt from land transfer duty and landholder duty if specific time or assessment conditions are met.

Transferees must pay a change of use duty if the land no longer has a qualifying use, though the amount drops by 10% for every year that has passed since the original transaction.

Owners of tax reform scheme land must notify the Commissioner within 30 days if the land undergoes a change of use.

People who receive a CIPT assessment notice must notify the Commissioner within 60 days if the notice contains errors regarding qualifying use land.