Tax Insights

Welcome to the first Tax Insights for 2007. Just before Christmas the Federal Government made one of the most radical changes to Australia's capital gains tax since it was introduced in 1985 in an attempt to make Australia more attractive to foreign investors. In this edition we'll look at the reforms.

You will also see how the CGT and other reforms to the taxation of inbound foreign nationals who become temporary residents of Australia will reduce costs for their employers.