Brief

"On December 19, 2024, the Australian Taxation Office (ATO) updated its guidelines on Australian residents and clearance certificates. According to the ATO, all Australian residents selling real property must obtain a clearance certificate and provide it to the purchaser before settlement, unless the purchaser is aware of the vendor's residency status or has been given written notice of their foreign resident capital gains withholding obligation."

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Australian Taxation Office (ATO)

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