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  1. Paul@PFI

    Is any property that is not your PPOR subject to CGT?

    You cannot claim absence from main residence provisions unless it WAS your main residence and that of your family too even if they don't own it. (I like to throw that one in for the ones with a spouse that also wants hers to be CGT free) However once satisfied, a non-resident taxpayer who...
  2. Paul@PFI

    Is any property that is not your PPOR subject to CGT?

    If you are a resident taxpayer you are liable for ALL worldwide income and profits on anything. Tax law doesnt care if you understand tax law. You intent is irrelevant. Personal tax advice is a must. Australian has entered into a tax information sharing agreement with 50+ other nations and...
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