Hi there,
I am just wondering about the below scenario:
Say I have about 250k in capital gains and I am planning to move to a different country and cease tax residency in Australia. My understanding is that I can elect to take the following paths
A. Pay all my capital gain taxes upfront and then any capital gains after this are all tax free (As I am a foreign resident)
B. Choosing to disregard capital gains and losses thus ATO will treat this as taxable Australian property
If I choose to disregard the capital gains and losses, then over time I sell these shares and realise the capital gains at 30k each time then re-contribute this 30k into my super fund, would this be allowable?
My understanding would be that this would yield a 15% tax rate within super vs the 30% tax rate for foreign residents
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