Navigating Foreign Resident Capital Gains Withholding: Essential...

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2025-11-22 02:45:39 - Translate

Navigating Foreign Resident Capital Gains Withholding: Essential Solutions for Property Transactions

Foreign Resident Capital Gains Withholding (FRCGW) is a tax obligation that requires purchasers of Australian property to withhold 12.5% of the purchase price when buying from a foreign resident vendor. Introduced to ensure foreign sellers meet their Australian tax obligations, this regime applies to property transactions valued at $750,000 or more. The withholding amount must be paid directly...

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