Source: South Australia
Published Date: 5 Mar 2026
Selling Australian real estate when combined with periods of foreign tax residency presents unique CGT challenges. This session unpacked the main residence exemption with a focus on the absence rule and valuation reset under ss118-190 and 118-192, timing considerations, CGT discount eligibility, and key cost-base components. Also covered foreign-resident capital gains withholding including clearance certificates and variations, with a focus on common traps and practical tips to manage compliance risks.
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