2015

On The Boarderline - Australian & Overseas Tax Residency - Tips, Traps & Pitfalls

Source: QLD

Published Date: 14 Apr 2015

 
The ATO has in recent years taken an expansive approach on whether a person resides in Australia for tax purposes. The effect has been that many taxpayers, who assumed they had safely left their tax residency behind, continue to be taxed in Australia on their worldwide income. Disputes are becoming more common as a result of the ATO's increased datamatching capabilities.

Some of Dempsey litigation is covered including:

  • the ordinary meaning of "resides'
  • the concepts of domicile and permanent place of abode
  • when the tie-breaker tests in the double tax agreement apply
  • common risk areas - and how you can help your clients deal with them
  • strategies for preventing - or managing - disputes with the ATO.

On the borderline Australian and overseas residency

Author(s): Murray Shume

Details

  • Published On:14 Apr 2015
  • Took place at:Online

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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