This tax is payable on the sale of undeveloped land in Fiji . The rate of tax varies according to the amount of profit derived.  

Section 4 of Land Sales Act

Broadly, only undeveloped land comes within the Land Sales Act.
 
Where there is evidence of any dealing for a profit making purpose, the profit from the sale may be subject to income tax (refer practice statement 25).
 
There are certain sales that are exempt from the payment of Land Sales Tax.
These are:

• for resident sellers only - any agricultural land or any vacant property that has been in the seller's possession for more than 12 years.
• where there is some development e.g. house erected, it has to be a substantial development (refer practice statement 24) to be exempt from land sales tax (e.g. a “lean – to” is not regarded as a substantial development).
• for non-residents – any agricultural land which has been in the seller's ownership for not less than 12 years.
• sale of land by acquired by inheritance.
• exemptions granted by the Minister.
• any dealing for a charitable purposes.