Category: Australia

Double Tax on U.S sourced Capital Gains

The ATO have successfully argued in the Federal Court of Australia in the case of Burton v Commissioner of Taxation [2019] FCAFC 141 that only...

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What does ‘two-up’ have in common with selling Australian real estate while living in the US?

I am often asked how can a capital gain associated with your main residence that is tax-free in Australia be taxable in the U.S.? For...

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