Legislation update: Bill to amend the foreign resident CGT, merger control regimes passes Lower House with amendment

The amendment extends the original timeframe for the proposed transitional 50 percent CGT discount for certain foreign residents who dispose of Australian renewable energy assets by 10 years.

The House of Representatives has passed a bill that contains various amendments to the foreign resident capital gains tax (CGT) regime and merger control regime with an amendment introduced by the Federal Government. The amendment extends the original stipulated timeframe for the proposed transitional 50 percent CGT discount for certain foreign residents who dispose of Australian renewable energy assets by 10 years to 30 June 2040. Other provisions in the Treasury Laws Amendment (Strengthen...

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Published Date: 21 August 2026