Posts Tagged "Capital Gains"
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Significant Changes to Foreign Resident Capital Gains Withholding (FRCGW)
Posted on June 25th, 2025 by WLFWritten By Aneesh Chopra – AccountantAs we approach 30 June 2025, it’s important to be aware of significant changes to the Foreign Resident Capital Gains Withholding (FRCGW) regime that took effect on 1 January 2025.
At WLF, we are dedicated to keeping you informed and prepared for these updates.
Overview of FRCGW
Since 1 July 2016 the FRCGW regime has required purchasers of certain Australian real property and related interests to withhold an amount from the proceeds and remit it to the ATO when the property is acquired from a foreign resident vendor. This withh…
