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Australian Senate Standing Committee for the Scrutiny of Bills - Scrutiny Digests

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Treasury Laws Amendment (Foreign Resident Capital Gains Withholding Payments) Bill 2017 [2017] AUSStaCSBSD 192 (14 June 2017)


Treasury Laws Amendment (Foreign Resident Capital Gains Withholding Payments) Bill 2017

Purpose
This bill seeks to vary the foreign resident capital gains withholding payments to:
• increase the withholding rate to 12.5 per cent; and
• reduce the withholding threshold to $750,000
Portfolio
Treasury
Introduced
House of Representatives on 1 June 2017

The committee has no comment on this bill.


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