Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Act 2019 (129 of 2019)

Schedule 1   Capital gains tax changes for foreign residents

Part 1   Main residence exemption

Income Tax Assessment Act 1997

25   At the end of section 118-225

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(5) However, subsection (2) does not apply if, just before the deceased's death, the deceased was an *excluded foreign resident.