Foreign Resident Capital Gains Withholding FRCGW & Clearance Certificates

Foreign resident capital gains withholding (FRCGW) applies to all vendors ┬ádisposing or selling of property under contracts entered into from 1┬áJuly 2016. FRCGW is different to the foreign person surcharge when purchasing a property but is often confused. The withholding obligation applies to both Australian resident and foreign resident purchasers. The FRCGW tax rate is […]

Need legal advice? Catron Simmons can help.