BBI 0.00% $3.98 babcock & brown infrastructure group

tomorrows open, page-42

  1. 3,886 Posts.
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    Bear,

    at present do not have the time to go through it, but change of residency is required. To not pay CGT you need to become a non-resident - there are statutory and common law tests (see your accountant).

    However, when you change residency this can crystalise the gain at the time of change of residency - so you don't necessarily escape the tax net.

    Cheers
 
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