Capital gains tax
Mar 7th 2003, 7:13 am
#1
Just Joined
Thread Starter
Joined: Jan 2003
Posts: 11
Capital gains tax
After the temporary to permanent residency status has completed - and then i decide to sell a house overseas can i avoid CGT in Oz by putting the home under another name and then change again at a later date? or can i shelter my overseas property in a trust/ business name?? to avoid this?
Mar 7th 2003, 9:56 am
#2
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Capital gains tax
Hello Ant.
The short answer => take professional advise.
A Discussion Forum isn't the place to ask questions like this where the tax at stake can be a significant amount.
Best regards.
The short answer => take professional advise.
A Discussion Forum isn't the place to ask questions like this where the tax at stake can be a significant amount.
Best regards.
Originally posted by Ant
After the temporary to permanent residency status has completed - and then i decide to sell a house overseas can i avoid CGT in Oz by putting the home under another name and then change again at a later date? or can i shelter my overseas property in a trust/ business name?? to avoid this?
After the temporary to permanent residency status has completed - and then i decide to sell a house overseas can i avoid CGT in Oz by putting the home under another name and then change again at a later date? or can i shelter my overseas property in a trust/ business name?? to avoid this?
