As property accountants at Investax, we receive a variety of inquiries from clients regarding capital gains and capital losses. Every investment property inevitably results in either a capital gain or a capital loss when sold. While capital gain is generally calculated as the sale proceeds minus the cost of acquiring the property, it’s the inclusion […]

Introduction  Managing foreign capital gains tax can be a complex process for Australian investors. The tax treatment of foreign capital gains often leads to confusion, especially regarding reporting requirements, capital gains tax (CGT) discounts, and the application of foreign tax credits. Many investors find themselves uncertain about whether they should offset their capital losses against […]