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
15 Subsection 118-200(2) (after paragraph (a) of the definition of non-main residence days)
Insert:
(aa) if the deceased acquired the ownership interest on or after 20 September 1985 and, just before the deceased's death, the deceased was an *excluded foreign resident - the number of remaining days in the deceased's ownership period; and
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