Legislation Updates · Koste Knowledge Base
What is the Foreign Resident Capital Gains Withholding Rate?
Quick Answer
The Foreign Resident Capital Gains Withholding (FRCGW) rate is currently set at 12.5% for sales of Australian property interests over $750,000. This withholding applies to foreign residents and is intended to ensure tax compliance at the point of sale.
FRCGWcapital gainsforeign residentproperty taxATO
Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai