Paying the foreign resident capital gains withholding

News Tax & Compliance Guidance

Date: 19th Dec, 2024 Source: Australian Taxation Office (ATO) Country: Australia Original Source

Brief

"On 19/12/2024, the Australian Taxation Office (ATO) issued an update regarding Paying the foreign resident capital gains withholding. When purchasing real property in Australia, vendors may need to withhold FRCGW, and purchasers must pay this amount to the ATO at settlement unless a clearance certificate or variation notice is provided."

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Australian Taxation Office (ATO)

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Paying the foreign resident capital gains withholding

Brief

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Paying the foreign resident capital gains withholding

Brief

Australian Taxation Office (ATO)

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