From: Tom Cleary
Can any one advise on the following
A friend from Singapore wants to purchase a property in Melb for his two children who will be studying at uni for the next few years.
What is the situation re Capital gains tax if he decides to sell after they finish their uni.
Is it regarded as their residence and therefore CGT exempt or is there different rules for non residents.
Regards
Tom
Can any one advise on the following
A friend from Singapore wants to purchase a property in Melb for his two children who will be studying at uni for the next few years.
What is the situation re Capital gains tax if he decides to sell after they finish their uni.
Is it regarded as their residence and therefore CGT exempt or is there different rules for non residents.
Regards
Tom
Last edited by a moderator: