Significant foreign resident CGT reforms: draft legislation released
Client AlertForeign resident CGT reforms expand taxable Australian real property, withholding and renewables discount.
Federal Budget Virtual Seminar: expert insights on spending, tax reform and policy impacts. Register now.

For years commencing on or after 1 January 2027, for‑profit entities preparing Tier 1 general purpose financial statements (such as ASX‑listed companies) will be required to apply AASB 18 for the first time. This marks a significant shift in how entities present their financial performance and, for many, will require significant preparation to ensure they are assurance-ready.
Join Owen Carew, Partner – Financial Reporting Advisory, for the first session in his AASB 18 webinar series. In this session, he will cover:
Ideal for CFOs, financial controllers, finance managers, and finance officers.
Register now to ensure you’re prepared for your first AASB 18‑compliant financial statements and the 2027/2028 reporting cycles.
Foreign resident CGT reforms expand taxable Australian real property, withholding and renewables discount.
The ATO’s draft PCG 2026/D1 introduces a new compliance framework for attributing risk weighted assets to Australian branches of foreign banks, reshaping thin capitalisation methodologies and documentation expectations.
Explores proposed CGT discount and negative gearing reforms and what they could mean for investors.