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Australia: Tax Alert, 27 June 2006 - Avustralya
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Non-resident capital gains tax to be abolished
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Draft legislation abolishing the Australian non-resident capital gains tax (CGT) for most investors was introduced into the Australian Parliament on 22 June 2006. Under the proposed new rules, a capital gain or loss made by a foreign resident will only be subject to CGT if it relates to assets that are ‘taxable Australian property’.
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Non-resident capital gains tax to be abolished
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Page Last Updated: June 29, 2006
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Source: Deloitte Touche Tohmatsu (English)
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©2012 Deloitte Türkiye.
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