Taxes on foreign investments in the stock market

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Instant depreciation: Small and medium-sized businesses (with turnover less than A$5 billion – $3.25 billion) can claim instant deductions for assets purchased that are worth less than A$150,000 ($97,500). This applies to purchases made within the timeframes set by the government.
General depreciation: For higher-value assets, companies can deduct their cost over several years under the general depreciation schedule.
Incentives for investments in priority regions

The Australian Government encourages investment guatemala phone number library in regional areas and strategic sectors such as renewable energy, mining and technology through additional tax deductions.

Extended deductions: Companies that invest in eligible projects can claim higher than standard tax deductions. For example, some renewable energy investments can be deducted up to 150% of the original value.
Are you thinking of investing in the Australian stock market? This also involves certain tax commitments. The rules vary depending on your tax status (resident or non-resident) and the type of investment.

Capital Gains Tax (CGT): If you make a profit by selling shares, these will be subject to CGT. As a foreign investor, you will only be taxed on profits made on the Australian stock market and will not be able to benefit from the discounts available to tax residents.