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Maroc Maroc - THESTAR.COM.MY - Business - 01/Feb 16:00

Another hurdle to selling your Aussie property

If you are selling your property in Australia, whether resident or non-resident, you must obtain an Australian Tax Office (ATO) clearance certificate effective Jan 1, 2025. This certificate is now mandatory to avoid the 15% withholding tax on all property transactions, up from the previous 12.5% only for properties sold at A$750,000 (RM2.1mil) or more. Read full story

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