Tax implications of Biden win for SMSF properties in US
With Joe Biden set to become the 46th President of the United States, a prominent US tax lawyer has outlined some of the tax implications for US property investments held by SMSFs who are non-US residents.
Speaking to SMSF Adviser, Withers Bergman partner Marsha Dungog explained that with Joe Biden planning to increase the capital gains tax rate, this will have potential tax impacts for US property investments held by SMSFs.
Read more at SMSF Adviser.
