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Old 21-10-2006, 10:54 PM
woohoo woohoo is offline
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writing a book, and getting taxed?

Hi
if a person residing in Oz were to write a book, but his family is in another country which has a 'double tax treaty' with Oz, will it be better if he writes the book using his name as author, but all the proceeds go into a company he created in that country?
Lets say in that country the tax is only 25%. After paying tax in that country, the Oz govt wont be chasing anymore tax from the book proceeds will they?

How about if the proceeds goes into his name, but it gets taxed by that other country first.

I'm writing this because my friend wants to write a book. He is a residence here, but he travels between Australia and Malaysia(his home country) very often.
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