Taxing executives and professionals working offshore
26 August 2015
Professional advisers, Tax and revenue, Tax disputes
Tax residency has become an increasingly contentious area of law for individuals living and working overseas as it becomes as an area of increased audit activity for the ATO.
This paper looks at the basic rules around income, fringe benefits and superannuation and the principles around tax residence in the light of recent decisions.
This publication is for information only and is not legal advice. You should obtain advice that is specific to your circumstances and not rely on this publication as legal advice. If there are any issues you would like us to advise you on arising from this publication, please let us know.
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The ATO has recently issued taxpayer alert TA 2021/2, which relates to arrangements where an Australian tax resident’s foreign income is disguised as gifts or loans from related offshore entities.
18 October 2021
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13 October 2021
In this edition of ‘It depends’, associate Keeghan Silcock talks about whether there is duty payable on the sale of your business.