Non-Final Withholding Tax for Foreigners

The Australian government has proposed a non-final withholding tax regime for disposals of taxable Australian assets by foreign residents. The measure will require the purchaser to withhold 10% withholding tax from the purchase price (the foreign seller’s proceeds) and remit it to the ATO. This measure will not apply to residential property transactions of less than $2.5 million. It is expected the measure will apply from 1 July 2016. 

If you would like to learn more about how these changes will effect you, contact us at ourteam@azuregroup.com.au

澳洲政府将向海外居民在出售澳洲资产时征收10%预提

在最新的2013/14 财政预算中,澳洲联邦政府提出了将会向海外居民征收预提税政策以确保海外居民可以依法完成他们的澳洲纳税义务并按规定缴纳资本利得税和出售澳洲资产时所产生的所得税。这项措施也将同时为澳洲税务局解决了一个头痛已久的税收征管问题。

根据预算报告,预提税措施将会要求购买方在交易过程中从所需支付给海外纳税人的汇款中预扣10%的税收交给澳洲税务局。10%的预提税并不是海外居民的最终纳税责任,根据法律规定,海外纳税居民还是需要准备澳洲的年度所得税申报并按照评估申退多缴的预提税或补交少缴税收。

澳洲联邦政府还声明所有低于澳币250万成交的住宅物业将不会被列入此次非最终预提税的征收范围内。澳洲政府将会在下半年听取和收集预提税政策的公共执行意见,预计该政策将会于2016年7月1日开始执行。  

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About Author

Stephanie Liu
Stephanie Liu

Stephanie is a qualified chartered accountant with extensive experience in the accounting and finance industries, both in Australia and in China. Stephanie has an Advanced Diploma of International Taxation, a master of commerce in international business, accounting and business law, and is qualified Chartered Accountant.

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