Search results

  1. Paul@PFI

    Foreign company

    Yes Optus is a large scale example I encountered last weekend. Technical and accounts are Philippines based not Singapore. Or Australia. I'm confident that the low cost operations are just one motivator. I would imagine the country with lowest tax rate may also just happen to receive much of the...
  2. Paul@PFI

    Foreign company

    Fair call....I start at the line then step back. If there is a reason to disguise ownership it may indicate a concern. Correct that many countries actually only allow foreign companies and not some/all foreigners to own interest in property. Just as we have rules. (Thailand is a problem that...
  3. Paul@PFI

    Foreign company

    I wouldn't do it. Its easily detected by Austrak and crime commission and you will be surprised how they see such arrangements. It reeks of an identity washing arrangement used in criminal transactions. You wont have to explain yourself so much to the ATO - More likely the Federal Police etc...
Back
Top