ASX 3.67% $63.45 asx limited

tax implications of overseas trader

  1. 45 Posts.
    Peoples,

    i was wondering, imagine i'm an australia citizen, living and working in the UK, and i have no income or assets in australia. I decide to buy shares on the ASX that pay a divdend and are good growth stocks as well.

    What tax implications are there for me - do i pay capital gains - what happens to my franking credits?

    Cheers
 
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