CGT for overseas properties

A question about CGT...

If I was to sell an overseas investment property, is the capital gain taxable in Australia?

The country (NZ) has no CGT itself.

cheers, Tony
 
Hi

If you are an Oztralian resident for tax purposes, then, yes the gain will be subject to Oztralian tax.


Dale


Originally posted by tonyd
A question about CGT...

If I was to sell an overseas investment property, is the capital gain taxable in Australia?

The country (NZ) has no CGT itself.

cheers, Tony
 
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