Capital Gains Tax

Under Australia's domestic taxation laws, and in particular the relevant CGT provisions, the gain on the sale of Australian real property is subject to Australian income tax. Under Australia's double tax agreements ('DTAs'), Australia generally reserves the right to tax a gain on the sale of Australian real property - refer to the Alienation of Property Article (Article 13) of most DTAs. Therefore, where a non-resident makes a gain on the sale of Australian real property, the non-resident will be subject to Australian income tax on that gain