Search results

Well, if you own a tax neutral investment (diff to cf), you dont have any taxable income, so regardless if you are resident or not, your tax will be nill. If you have a tax loss, as a non-resident this tax loss is carried forward. If you make a profit, it is taxed at the non-resident rate...

Getting warmer. My understanding is that any shares held at the time you cease to be Australian resident are considered to be 'sold' at market rates. You therefore pay any CGT on the profit (or receive a credit for losses) in the year that you depart. Upon return the shares are considered to...

Its true that as a non-resident you don't pay Australian tax on your overseas earnings. You do however, have to pay tax in the country you are resident, the country you earned the money (if different to your residency) or maybe both, depending on the rules of your country of residence. In...

Ha ha. Not sure where you heard that but it is incorrect. Any Australian dividends will be taxed in Australia at the 'non-resident rate with the added bonus that you don't receive any franking credits. International shares will be slugged witholding tax, plus taxed in the country you are...

Buyers Agent

NGO in Austria - very cool. Congrats. Im not an accountant so you will need to confirm. However, I believe that you can be a resident in Oz for the portion of the year that you are resident (taxed at normal rates) and non-resident for a portion of the year. However, this will require you to...

I find it interesting that your employer said your income would be exempt. Unless you work for the govt there is no such thing. You may however, be able to become a non-resident for tax purposes however, there are steps you must follow to be classed as non-resident. It is not as simple as just...