The conversation covers the impact of the federal budget and end of financial year on Australian expats living abroad. It delves into changes to trusts, negative gearing, and capital gains, providing insights into the implications for expats and their financial planning. The conversation covers the impact of budget changes on tax residency, property sales, inheritance tax, and compliance for expats. It also delves into the implications for investment property, family trusts, self-managed super funds, and the interaction with US taxes. The discussion provides insights into tax residency rules, considerations for property sales, and the importance of tax compliance for expats.
Takeaways
Federal budget changes impact expats
Changes to trusts, negative gearing, and capital gains
Impact of budget changes on expats living abroad Tax residency rules
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