FOREIGN RESIDENT CAPITAL GAINS WITHHOLDING

There have been changes to the “Foreign Resident Capital Gains Withholding” (“FRCGW”) rules. FRCGW first applied to vendors disposing of certain taxable Australian property under contracts entered into from 1 July 2016.   New rules for FRCGW apply to vendors of certain taxable property under contracts entered into from 1 July 2017. The changes will … Continue reading FOREIGN RESIDENT CAPITAL GAINS WITHHOLDING