Arabon Business Accounting Main Residence Exemption

Main Residence Exemption Removed for Non-Residents

Leave a Comment / Business, Financial Planning, Tax /

The Federal Budget announced that non-residents will no longer be able to access the main residence exemption for Capital Gains Tax (CGT) purposes from 9 May 2017 (Budget night).  Now that the draft legislation has been released, more details are available about how this exclusion will work.

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