ALERT! If you’re a foreign resident for tax purposes in Australia, special Capital Gains Tax (CGT) rules apply when you sell residential property. Changes announced by the Federal Government in the 2017-18 Budget came into law on 12 December 2019. These changes mean that if you are a foreign resident for tax purposes at the … Continue reading Foreigners New ATO Requirements: Changes to the special CGT rules affecting foreign residents for tax purposes selling residential property