How can I minimize taxes when selling foreign property?
Let’s waltz through some strategies to minimize your tax bill when selling that charming villa in Tuscany or that beachfront shack in Bali. Foreign Resident Capital Gains Withholding (FRCGW): First, let’s address the elephant in the room: If you’re selling foreign property in Australia and the sale price is $750,000 or more, the ATO does…