le petit roi Posted November 13, 2014 Share Posted November 13, 2014 Has anyone any knowledge of how the ATO treat shares held by an individual if that individual later leaves the country? For instance, is it a simple case of changing the address on the shares register to the new overseas location and nothing more to be done or do the ATO want a share of the gains - even though the shares wouldn't be getting sold and any profit/loss would be wholly on paper? Cheers Link to comment Share on other sites More sharing options...
Parley Posted November 13, 2014 Share Posted November 13, 2014 No capital gains tax applies until shares are sold, so it would only be dividend income. Link to comment Share on other sites More sharing options...
Celt Down Under Posted November 13, 2014 Share Posted November 13, 2014 Any shares owned prior to 1985 will be free of CGT when sold. Link to comment Share on other sites More sharing options...
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