Capital gains and foreign residents
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Tuesday, 6 February, 2007 - 22:00
The government changed the CGT law as it applies to foreign residents by limiting its scope to taxable Australian property. The change aligns Australia’s law more closely with OECD practice. It is effective from the date of Royal Assent (December 12 2006). http://ato.gov.au/distributor.asp?doc=/content/82166.htm Published: January 30 2007