On 28 Nov 2019, the Australian Financial Review published an article by its Political Reporter: Tom McIlroy, titled: Tax slug looms for expat property owners. This is about the clumsy and blunt measure the Government is still pushing through Parliament, that would deny non-residents any ‘main residence’ CGT exemption, if they are non-residents when they sell (even if they had a period when they were resident and would have qualified up to that point). See the related Tax Technical articles about the passage of this Bill through the Lower House and also the Senate Committee report, which was critical of the measure.

See below for the AFR article.

[Tax Month – November 2019]

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