Capital Gains Tax (CGT) 2019

Capital gains tax: Non-resident issues

Source: Western Australia

Published Date: 18 Sep 2019

 

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This paper covers:

  • key concepts relating to non-residents and capital gains tax
  • issues for non-residents when purchasing real property in Australia
  • what happens if a non-resident sells residential or commercial property?
  • non-resident capital gains withholding tax
  • non-resident to resident: effect on CGT assets
  • resident to non-resident: effect on CGT assets
  • when does an Individual cease to be a tax resident?
  • case study: Burton v Commissioner of Taxation [2019] FCAFC 141.

Individual Session

Capital gains tax: Non-resident issues

Author(s): Daniel Romano , Gabrielle Bourke

Details

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Capital Gains Tax (CGT) 2019

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