Are you working overseas in a low tax jurisdiction and paying little or no tax? If so, you might be liable to pay tax in Australia.
Your tax position all depends on your classification as an ‘Australian Resident’ for tax purposes. To substantiate this, the Income Tax Assessment Act 1936 (subsection 6(1)) and Taxation Ruling TR 98/17 are relevant. Outside of this, there is other tax legislation, rulings and case law which are continually changing the scope of an[...]
GST credit refund fraud is a serious crime. If the ATO believes that you have illegally obtained, or applied for, a GST refund they may refer your […][…]
In order to be treated as a non-resident of Australia and thus not taxed as an Australian resident you must satisfy a number of tax residency […][…]
When people relocate to Australia, superannuation is sometimes forgotten. Depending on when you bring back your super to Australia, and how much, it can have different […][…]
An entity is considered ‘thinly capitalised’ where the assets are funded by a high level of debt and little equity. But why is this significant? The […][…]