You are here:
- Home
- Accounting Glossary | Link Accounting
- Foreign resident capital gains withholding (FRCGW) | Link
Foreign resident capital gains withholding (FRCGW)
Definition
A withholding regime where purchasers may need to withhold an amount from property sales where the seller is a foreign resident (or cannot prove residency), subject to thresholds and rules.
General information only. Tax and super rules change and depend on your circumstances.