1.0Mackay Online Newshttps://mackayonlinenews.com.auOnline News Publisherhttps://mackayonlinenews.com.au/author/casey/rich600338<blockquote class="wp-embedded-content"><a href="https://mackayonlinenews.com.au/war-for-water-why-the-foreign-investor-advantage-over-australian-farmers-in-water-deals/">War for Water: why the foreign investor advantage over Australian farmers in water deals</a></blockquote> <script type='text/javascript'> <!--//--><![CDATA[//><!-- /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!/[^a-zA-Z0-9]/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute("style"),"height"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if("link"===t.message)if(a=d.createElement("a"),i=d.createElement("a"),a.href=r.getAttribute("src"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute("data-secret"))t=Math.random().toString(36).substr(2,10),e.src+="#?secret="+t,e.setAttribute("data-secret",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute("security"),e.parentNode.replaceChild(t,e)}}}}(window,document); //--><!]]> </script><iframe sandbox="allow-scripts" security="restricted" src="https://mackayonlinenews.com.au/war-for-water-why-the-foreign-investor-advantage-over-australian-farmers-in-water-deals/embed/" width="600" height="338" title="“War for Water: why the foreign investor advantage over Australian farmers in water deals” — Mackay Online News" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe>https://sdrjix3pzmib.compat.objectstorage.ap-sydney-1.oraclecloud.com/mackayonlinenews-com-au/uploads/2021/01/aon_default-696x346-1.jpg696346A recent private ruling made by the Australian Tax Office has revealed foreign residents are exempt from capital gains tax on water profits. It is quite possible therefore, that when Angus Taylor’s Cayman Islands associates won their record $80m windfall from selling water rights, they incurred no capital gains tax. The Tax Office ruling confirms […]