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Foreign resident capital gains withholding payments regime – threshold lowered
Contact: John Irvine, Mark Poretti, Michael James On 1 July 2016, the Federal Government introduced the Foreign Resident Capital Gains Withholding payments regime, which imposes a 10% non-final withholding tax on payments made to foreign residents who dispose of certain taxable Australian property. The regime applies to vendors and purchasers of real estate with a […]
Changes to the Commercial Building Disclosure (CBD) Program
Contact: Mark Poretti, John Irvine The Commercial Building Disclosure (CBD) Program requires energy efficiency information to be disclosed whenever commercial buildings over 2000 square metres are being sold or leased. As a result of changes announced by the Federal Government smaller commercial buildings of 1000 square metres or more will also be included as part […]
Under 35 and heading overseas? Then do this one thing before you leave
Contact: Michael James If you are heading off for an overseas adventure or going on a posting for work you should have your passport and travel insurance ready to go and your Will made. That’s right, you should make a Will before you go. Most of us would never travel overseas without taking out travel […]