
Australian Expats Hit Hard with Property Tax Charge
— by gfcadvice
After two years of headlines and confusion, the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 has now been passed by the Senate and is now only awaiting Royal Assent. Simply put, this means that Australian expats and other non-resident Australian property owners will now lose their entitlement to the Main Residence Exemption.




