Month: October 2019

Housing affordability bill introduced – foreign resident cgt main residence exemption

The government has introduced Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 to implement capital gains tax (CGT) measures aimed at improving housing affordability, including the removal of the CGT main residence exemption for foreign residents. These measures were first announced in the 2017/18 Federal Budget and were contained in a 2018 …

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