ARPI, Capital Gains, CGT, Earnouts, Indirect Australian real property interests, pre-CGT, Purchases, Sales, Super, Superannuation, TARP, Tax Law, Taxable Australian Real Property, Taxation, Taxpayer Alert, Whitehawk Advisors
Buyers to Withhold tax when buying certain “Taxable Australian Property”
The Tax and Superannuation Laws Amendment (2015 Measures No 6) Bill 2015 recently received Royal Assent, becoming Act No 10 of 2016. The amendments contained in the Bill impose a 10% withholding obligation on the purchasers of the following assets acquired from certain foreign...