The Australia Taxation Office has published an update to its guidance, Capital gains withholding: Impacts on foreign and Australian residents. The guidance covers the foreign resident capital gains withholding (FRCGW), which applies to vendors disposing of certain taxable Australian real property under contracts entered into from 1 July 2016. FRCGW was originally introduced at a rate of 10% to be withheld when the vendor is a foreign resident with certain exemptions, including for transactio…