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There are several common business structures for start-up businesses in Australia. Each structure has different legal and taxation implications.
Key Changes to Foreign Resident Capital Gains Withholding (FRCGW) Rules
From 1 January 2025, changes to the FRCGW regime will affect all property sales in Australia. Vendors, including Australian residents, must apply for a Foreign Resident Capital Gains Clearance Certificate from the ATO to avoid 15% withholding at settlement. Our article outlines these changes, what they mean for you, and how to apply for the clearance certificate.