"Global" tax for Aussies from July 1
Couldn't find this posted anywhere on this board but thought it would interesting to share and discuss, particularly for expats like myself.
There hasn't been much noise made about it, but it seems that as part of tax reforms under the new Budget that was released this week, it was announced that the government wants to introduce a "global" tax for Aussies working abroad (similar to the Americans)
http://www.treasurer.gov.au/Display...09/066.htm&pageID=003&min=wms&Year=&DocType=0
http://www.treasury.gov.au/contentitem.asp?NavId=&ContentID=1538
http://smallbusiness.smh.com.au/starting/tax/tax:-tax-office-crackdown-615858056.html
http://www.taxpayer.com.au/media/news/20090512_budget.html
It's not exactly clear to me yet what the actual impact will be, but by personal view is that I don't agree with such a policy of expats paying more tax in Oz when we don't get access to tax-payer provided services such as health care, schooling, public transportation, infrastructure, etc.
What do others think?
Couldn't find this posted anywhere on this board but thought it would interesting to share and discuss, particularly for expats like myself.
There hasn't been much noise made about it, but it seems that as part of tax reforms under the new Budget that was released this week, it was announced that the government wants to introduce a "global" tax for Aussies working abroad (similar to the Americans)
http://www.treasurer.gov.au/Display...09/066.htm&pageID=003&min=wms&Year=&DocType=0
http://www.treasury.gov.au/contentitem.asp?NavId=&ContentID=1538
http://smallbusiness.smh.com.au/starting/tax/tax:-tax-office-crackdown-615858056.html
http://www.taxpayer.com.au/media/news/20090512_budget.html
It's not exactly clear to me yet what the actual impact will be, but by personal view is that I don't agree with such a policy of expats paying more tax in Oz when we don't get access to tax-payer provided services such as health care, schooling, public transportation, infrastructure, etc.
What do others think?
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