How countries tax residential property gains for non-residents

Nick Farmer

Stephen Hemmings

In the wake of updated UK CGT rules for non-residents, Nick Farmer and Stephen Hemmings assess the tax treatment for non-residents disposing of residential property in eight different jurisdictions

From April 2015 a capital gains tax charge will be introduced on future gains made by non-residents disposing of UK residential property. This is a fundamental change to the treatment of non-residents and a consultation on how best to introduce it will be published in early 2014 (expected at the same time of the Budget 19 March).

This change highlights the need for non-residents to consider their tax position carefully when acquiring and disposing of property in a foreign country.

In general most countries do tax non-residents when they dispose...

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In the wake of updated UK CGT rules for non-residents, Nick Farmer and Stephen Hemmings assess the tax treatment for non-residents disposing of residential property in eight different jurisdictions

This change highlights the need for non-residents to consider their tax position carefully when acquiring and disposing of property in a foreign country.

In general most countries do tax non-residents when they dispose...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes: