‘Strengthening the foreign resident capital gains tax regime’: KPMG submission

KPMG’s submission provides an analysis of Treasury’ consultation paper on proposed changes to the foreign resident capital gains tax (CGT) rules.

KPMG has lodged a submission in response to the consultation paper released by Treasury regarding proposed changes to the foreign resident capital gains tax (CGT) rules. The key themes of our submission are outlined below. Inbound capital and foreign investment are a vital part of the Australian economy, and continued investment is needed to provide capital to both established and new industries. Further, Australia significantly relies on foreign investment to support its clean energy...

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Authors: Alia Lum, Stephen Carpenter,

Published Date: 27 August 2024