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.
2026
Property
Cross-border tax landmines and opportunities when selling Australian property
Source: South Australia
Published Date: 5 Mar 2026
Details
- Published By: Ben Turner FTI
- Published On:5 Mar 2026
- Event Name:SA Tax Forum
- Session Name:Cross-border tax landmines and opportunities when selling Australian property
- Read Time:30+ minutes
- Took place at:Stamford Plaza Adelaide
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
2026
Property
Share this page