ATO to slam ex-pats with housing capital gains tax

Friday, 25 August 2017

Via Gotti today:

Australians who own dwellings and plan to work or live overseas need to think again. Leaving the country may cost a fortune.

And many of those currently overseas are also in grave danger of receiving a very harsh tax penalty.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.