Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
5 May 2024

I live in Australia but I'm not a resident for tax purposes. I would like to invest in shares/ETFs using an Australian trading platform. Is that possible? If so, how will my CGT get taxed? Would I be eligible for a tax return?

860 views
1 replies
860 views
1 replies

Most helpful response

Most helpful reply

Deb_ATO(Community Support)Community Support
10 May 2024

Hi @monicacarla


Yes, it's possible. The CGT is based on the marginal tax rate relevant to the income tax return you'll lodge. If you dispose of or a CGT event occurs. Generally, as a foreign resident wont need to declare any amounts of Australian sourced dividends provided the company withholds tax.

All replies

Most helpful reply

Deb_ATO(Community Support)Community Support
10 May 2024

Hi @monicacarla


Yes, it's possible. The CGT is based on the marginal tax rate relevant to the income tax return you'll lodge. If you dispose of or a CGT event occurs. Generally, as a foreign resident wont need to declare any amounts of Australian sourced dividends provided the company withholds tax.

Loading
Can non residents invest in the stock markert using online Australian brokerages? | ATO Community