Pitcher Partners Sydney lodged a submission with Treasury on the Exposure Draft Legislation Treasury Laws Amendment Bill 2026: Strengthening the foreign resident CGT (ED) and the draft explanatory memorandum (EM) relating to the proposed amendments of the definition of Taxable Australian Property (TAP), and therefore the scope of the non-resident capital gains tax exemption in Division 855 of the Income Tax Assessment Act 1997 (Cth) (ITAA1997).
If you would like to discuss any aspect of this submission, please contact Dragan Misic
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