Foreign resident capital gain withholding and GST at settlement

If you're selling residential premises or potential residential land in Australia it can be subject to both:

• foreign resident capital gain withholding (FRCGW)
• GST withholding obligation (GST at settlement).

There is no precedence between FRCGW and GST at settlement. Both apply and hold no priority over each other.

A clearance certificate for FRCGW is only applicable to that measure. GST at settlement is still payable. They are treated independently of each other.

For more information see Capital gains withholding: Impacts on foreign and Australian residents.

Return to:

• GST at settlement