Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

New CGT legislation will affect foreign property investors

Notify me of new replies via email
Australian Broker | 17 Feb 2016, 07:27 AM Agree 0
Foreign residents disposing of Australian property will have to withhold 10% of capital gains proceeds to the ATO under new measures before federal parliament
  • Grahame | 17 Feb 2016, 03:56 PM Agree 0
    Good luck catching them. They will take the money and run.
  • Robo | 04 Mar 2016, 10:25 PM Agree 0
    I agree, good luck catching them, especially rich Chinese investors. They have outwitted the Chinese currency transfer laws, then they are smarter than the Australian government.
Post a reply