A number of different types of entities may be used to acquire investment properties in Australia, including trusts, companies and superannuation funds.
CST can advise on the tax implications of each structure and deductibility of interest related to Australian property acquisition. Negative gearing is a feature of Australia’s income tax system which our tax advisors can fully advise on.
At the same time for non-residents of Australia there may be limits on deductions that can be made depending on the particularly situation under Australia’s Thin Capitalisation rules.
The big tax announcement in this week’s budget...Read more