Australia: Capital Gains Tax

The quote sometimes attributed to Vladimir Lenin that “there are decades where nothing happens; and there are weeks where decades happen” seems particularly appropriate in relation to the 2026 Federal Budget.

The Australian Federal Budget for 2026-2027 introduces sweeping reforms to the tax system, including a controversial 30% minimum tax on discretionary trusts, abolition of the 50% CGT discount in favor of cost base ...

Australia's 2026-27 Federal Budget introduces sweeping tax reforms that fundamentally reshape investment planning, trust structures, and business operations. The replacement of the 50% CGT discount with indexed gains and a 30% minimum tax, restrictions on negative gearing to new builds only, and a 30% minimum tax on discretionary trusts create unprecedented challenges for property investors, professional services firms, and family businesses. Understanding how these three interconnected measures work togeth

The principal issue was whether two foreign resident companies, Newmont Canada FN Holdings ULC and Newmont Capital Limited (Taxpayers)...

Recent case considers whether foreign sellers of shares in a mining company must pay Australian CGT based on how the company's assets are classified.

On 30 October 2025, the Federal Court of Australia handed down its decision in YTL Power Investments Limited v Commissioner of Taxation of the Commonwealth of Australia [2025] FCA 1317.

Chief Justice Hammerschlag ruled that Uber's objection to six payroll tax assessments 2015 to 2020 should be upheld.

Tax residency should be on everyone's mind when departing from or arriving to Australia, whether for work or leisure.

Outlines a few ways in which the immediate tax consequences arising out of a trust restructure can be deferred.