If i am a non tax resident in australia and have sold

Yes you pay CGT

As a non resident you pay higher rates

Here is some information

https://www.ato.gov.au/general/capital-gains-tax/international-issues/cgt-discount-for-foreign-resident-individuals/

I hope this assists and answers your questions

Regards

Leon

Good Morning

Here is a better summary

2. When it comes to the sale of the shares, at a very high level non-residents are only subject to CGT in Australia on assets that are classified as ‘taxable Australian property’ (TAP). This means that the sale of shares by a non-resident should not be subject to CGT in Australia unless the shares are classified as TAP. There are 2 ways the shares can be classified as TAP:

a) Shares in a company are automatically classified as TAP if both of the following conditions are met:

• The shareholder and their associates hold at least 10% of the company; and
• More than 50% of the market value of the company’s assets is attributable to Australian real property (directly and indirectly).

If the shares are not automatically classified as TAP, whether the shares are classified as TAP in the hands of the client will depend on what happened when the client ceased being a resident of Australia (see below).

https://www.knowledgeshop.com.au/bid/339607/Non-resident-tax-on-Australian-sourced-income#:~:text=When%20it%20comes%20to%20the,shares%20are%20classified%20as%20TAP.

b) When an individual ceases being a resident of Australia this triggers CGT event I1. When CGT event I1 is triggered the individual is deemed to have disposed of all their CGT assets for market value on that date (except pre-CGT assets and taxable Australian real property). This means that a capital gain would arise under CGT event I1 if the market value of the shares in the company at the time the client became a non-resident was more than the cost base of the shares.

Other capital gains and losses may also have been triggered in the hands of the individual.

When CGT event I1 is triggered the individual is able to make an election to defer any capital gain or loss that is triggered under CGT event I1. If the election is made, the assets they hold will be treated as TAP until they are subsequently sold. In this case the cost base of the shares is based on the original acquisition cost.

c) Putting this all together, the two main alternatives are as follows:

• If the client chooses to be taxed upfront on ceasing to be a resident of Australia, the subsequent sale of the shares should only be taxed in Australia if the shares are automatically classified as TAP (point a) above);
• If the client elects to defer the capital gain or loss that would have be triggered when they ceased to be a resident of Australia, the subsequent sale of the shares should be taxed in Australia.

Good Morning

What company is it does it own real estate?

If not the you do not pay CGT

Here is some clearer information

Non-residents are only subject to Australian CGT on Taxable Australian Property (TAP).

TAP includes:

• direct and indirect interests in real property situated in Australia
• business assets used in an Australian branch
• an option to acquire any of the above
• a CGT asset elected by an individual to continue to be subject to Australian CGT after they cease to be an Australian tax resident

Shares in Australian resident companies are not TAP (unless the company holds real property). Accordingly, a non-resident does not generally pay capital gains tax in Australia on the disposal of shares.

http://stanleywilliamson.com.au/cgt-rules-for-non-residents/

It does not own property

https://www.fool.com/investing/2020/01/16/is-the-vanguard-high-dividend-yield-etf-a-buy.aspx

You are very welcome

All the best and good luck

Regards

Leon