Government called to consider apportionment for CGT main residence exemption bill
Concerns around the reintroduced bill to deny non-residents access to capital gains tax exemptions continue to be raised, with the government urged to consider rules around apportionment.
Last month, the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 was introduced in Parliament, bringing back a measure to deny the main residence exemption to foreign residents.
Read more at the Accountants Daily.Â