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Q3 There are 4 parts to Question 3, worth 3 marks each. Total: 12 marks. 12 Points Megan Morgan is a resident of Australia for
Q3 There are 4 parts to Question 3, worth 3 marks each. Total: 12 marks. 12 Points Megan Morgan is a resident of Australia for tax purposes. She is thinking of permanently leaving Australia and becoming a non-resident for tax purposes. Megan seeks your tax advice on the following questions. You should ensure that you fully explain the tax implications for Megan. If you need more facts, be sure to indicate those that are needed and consider the potential Australian tax consequences if those facts apply. Q3.1 3 Points Will there be capital gains consequences when Megan ceases to be a resident of Australia for tax purposes? Enter your answer here Q3.2 3 Points What are the tax consequences if Megan keeps her apartment in Melbourne after she has become a non-resident and rents the apartment out? Enter your answer here
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