))
Tax Bites EP13: Changes to Foreign Resident Capital Gains Tax Regime
Manage episode 431225802 series 3359325
Innhold levert av Herbert Smith Freehills Podcasts. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Herbert Smith Freehills Podcasts eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
In this quickfire episode of the Herbert Smith Freehills Tax Bites podcast, Australian tax partners Toby Eggleston and Ryan Leslie, along with Senior Associate Naison Seery, discuss the recently released Treasury consultation paper proposing changes to the foreign resident capital gains tax regime. Key topics include broadening the classification of assets subject to tax, updates to the principal asset test to a 365-day rule, and new notification requirements for the sale of assets over $20 million. The hosts delve into the potential implications of these changes, discuss uncertainties, and invite feedback before the August consultation deadline.
00:09 Introduction
00:28 Overview of Foreign Resident Capital Gains Tax Changes
01:02 Current Tax Base for Foreign Residents
02:48 Proposed Changes to the Tax Base
05:27 Detailed Breakdown of Proposed Measures
11:32 Principal Asset Test Changes
14:16 Notification Requirement for High-Value Transactions
19:29 Closing Thoughts and Consultation Details
949 episoder
Del
