What is Foreign Resident Capital Gains Withholding ? – If you are a selling real estate located in Australia, and you are a foreign resident for Australian tax purposes (non-resident), the purchaser will generally be required to withhold 12.5% of the purchase price and send to the Australian Taxation Office (ATO). This is called ‘Foreign …
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ATO releases draft ruling TR 2022/D2 on tax residency principles – The Australian Taxation Office (ATO) have released much anticipated guidance on the current residency rules with Draft Taxation Ruling TR 2002/D2 (Draft Ruling) The Draft Ruling replaces longstanding ATO guidance in IT 2650 and TR 98/17, essentially combining the content along with some recent …
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Atlas Wealth Group is a group of several organisations, each of which is a separate legal entity registered in the relevant jurisdictions in which they operate and licensed with their respective regulators.
Atlas Wealth Management Pty Ltd – ABN 98 152 187 098 – AFSL 471653
Atlas Wealth Management (DIFC) Limited – Regulated by the Dubai Financial Services Authority License No. F005228
Atlas Tax Pty Ltd – ABN 36 664 334 409 – Australian Tax Agent 26 202 536
Atlas Mortgages Pty Ltd – ABN 93 646 699 863 - Authorised Credit Representative 463430 of Mortgage Specialists Pty Ltd, Australian Credit Licence Number 387025
