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Australian Resident. Australian Taxes.If Company XYZ paid...

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SonicBlast

14,589 Posts.

39

11/01/25

23:19

Post #: 77365919
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Originally posted by tuts: ↑

Here os more. In simple terms, in IS, one pays 0%, 15% or 20% for ling term CGT, and at the same rate according to income for short term CGT.

But that is for a simple case of CG in the US, but I am interested in what and where one has to pay CGT:

In this example assume the following to focus on THE question on hand: 1- shares are held LT in australia and US, 2- the tax CGT rate in each country is 20%, and 3- AU$1.00=US$1.00.

Say one buys 10000 shares at $1 each in some ASX company, XYZ. and after keeping them for 2 years, the SP reaches $3 when the company delists from.ASX and lists in US. say after another 2 years the SP reaches $5 when one sells them and transferrs the mobey to Aus. All thos time the owner resided in Aus and is an Aus tax resident (& not even residing in US).

As a simple calculation, to which country and how much should the person pay CGT?

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Australian Resident. Australian Taxes.
If Company XYZ paid Dividend then US Witholding tax and Australian Non Franked Dividend.

Id like to see a history of such moves to US Markets that were successfull. Cause alot of failures.
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