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
22 At the end of section 118-215
Add:
Note 2: The exemptions may not apply if the principal beneficiary of the trust is a foreign resident.
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