Unfortunately the Australian Government can't just unilaterally decide that it will ignore parts of International Tax Treaties that it has signed...
NabTrade - it allows non-residents like me. Used for Australian stocks. Other accounts: ETrade and MorganStanley in the US Nordea and Nordnet...
Good point - of course there is a risk that the value would go down, but in this case the value has increased, probably by 12-15% in the nearly 2...
When what is at stake is a 7 figure CGT liability I understand that the ATO looks very closely at the facts. The ATO person just wanted...
Thanks - that's exactly the angle Bart is looking at with this situation. He waits just under 2 years, then Lisa sells her half to him. It's...
It makes logical sense - you can't have a main residence in Australia unless you are also a tax resident of Australia at the same time. There is...
Yes but you also get the increased dividend stream that comes from the underlying assets bought at a discount :)
I'm wondering about this too. Why such big discounts? Should I buy more? When I look at the discount, my head says buy, but when I compare the...
Thanks Terry. I would think that if Lisa sells her half to Bart within two years then there wouldn't be any CGT for Lisa to pay. In this...
You can't just nominate a home that you own as your main residence. You have to actually move in and make it your main home. I've had experience...
Thanks Terry, I'll certainly discuss this option further. In this scenario I'm thinking years into the future, when the property is eventually...
Yes Bart and his family did arrange and return for the funeral. However a family just doesn't suddenly relocate because a home becomes available....
Thanks, yes I have sought advice on this. However, it's always worth posting a situation here, as there is such a wealth of knowledge and...
This is the scenario: Homer passes away, and leaves his main residence in NSW to Bart and Lisa. Bart lives abroad. Bart would like to own...
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