On 8 July 2015, the Australian Treasury issued an exposure draft of the Tax and Superannuation Laws Amendment (2015 Measures No. 5) Bill 2015: Foreign resident capital gains withholding payments. The legislation includes a non-final withholding tax of 10% on property sales where the seller is a foreign resident. The tax is to be withheld and remitted by the buyer, and applies to sales of:

• Taxa…