Overseas Tax Compliance
Overseas Property Investors – Beware of high taxes (by Karina Foo)
Overseas Investors with Australian property – Beware of taxes (Read our article that appeared in The Star Publications, Malaysia). Click here to Download the article from The Star Publications: Overseas Property Investors beware of Australian taxes Text from article: Investors with Australian property: Beware of Australian Taxes By Karina Foo MALAYSIAN property investors with assets…
Read MoreDo Foreign Investors Pay Capital Gains Tax in Australia?
In short: Yes. And there’s no escaping it. As a foreign property investor in Australia, you are subject to Capital Gains Tax (CGT). While you do not pay for the Medicare Levy, your taxes from any income as a non-resident still applies with the following income tiers: $0 – $135k = 30 cents to a…
Read MoreWhat Are the New Foreign Investor Tax Rules in Australia?
Are you a foreign investor in Australian property? If so, it is imperative that you understand your tax obligations in Australia to avoid penalties and unnecessary high tax debt. From JANUARY 1st, 2025, the Australian Tax Office (ATO) is expected to announce big changes on withholding tax that will affect all overseas investors. This article…
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