Australia Information: Business, Taxation and Investment

Australia Tax-News.com Coverage

- 25/05/2012 Australian Superfund Managers Face Greater Scrutinty
- 24/05/2012 Malaysia, Australia Sign FTA
- 24/05/2012 DIFC Promotes Advantages In US
- 23/05/2012 Australia Releases Details Of Superfund Tax Relief Plans
- 22/05/2012 TPP Negotiations Make 'Better-Than-Expected' Progress

More Australia Tax-News »

Australia Tax Treaty Updates from TreatyPro

Treaty Update: Bahrain - Australia
16/5/2012
Bahrain's Shura Counci, the upper house of parliament, approved a law on May 14, 2012, that would ratify the pending TIEA signed between Bahrain and Australia.

Treaty Update: Australia - Samoa
4/4/2012
The Australian tax authority has confirmed the entry into force of the Australia-Samoa TIEA on February 24, 2012.

Treaty Update: Australia - Samoa
23/3/2012
According to preliminary media reports, the TIEA, and an accompanying agreement which allocates taxing rights, signed between Australia and Samoa, entered into force on February 24, 2012.

More Australia Tax Treaty Updates from TreatyPro »

Australia Knowledge Base

Australia Executive Summary

- Australia Executive Summary

Australia Country and Foreign Investment

- Australia Geography
- Australia History, Population, Language and Culture
- Australia Government
- Australia Economy and Currency
- Australia Entry and Residence
- Australia Business Environment
- Australia Investment Incentives

Australia Types Of Company

- Australia Introduction
- Australia Private Limited Liability Company
- Australia Public Limited Liability Company
- Australia Partnership
- Australia Branches and Representative Offices

Australia Domestic Corporate Taxes

- Australia Scope of Income Tax
- Australia Income Tax Rates
- Australia Calculation of Taxable Base
- Australia Filing Requirements and Payment of Tax
- Australia Witholding Taxes
- Australia Sales Taxes and VAT

Australia Tax-Efficient Regimes And Sectors

- Australia Tax-Efficient Business Forms
- Australia Tax-Privileged Business Sectors

Australia Personal Taxes

- Australia Residence and Liability for Taxation
- Australia Rates of Income Tax
- Australia Social Security Taxes
- Australia Property Taxes
- Australia Inheritance and Gift Taxes

Australia Double Tax Treaties

- Australia Double Tax Treaties
- Australia Table of Treaty Rates
- Australia Other International Agreements

Australia Table Of Statutes

- Australia Table of Statutes

Related Information

- Map of Australia
- Offshore Banking Units
- Corporate Taxation for Resident Multinationals
- Pooled Development Funds
- Inward Investment Incentive Program
- The Ralph Corporate Tax Reforms
- Individual Non-Resident Taxation in Australia
- Venture Capital Investment Incentives

Australia Services Directory

- Accounting/Auditing
- Asset Protection
- Aviation Services
- Banking Services
- Brokerage/Trading
- Captive Insurance
- Company Formation
- Corporate Services
- Expatriate Services
- Financial Planning
- Internet/E-Commerce
- Legal Services
- Marine Services
- Pensions/QROPS/QNUPS
- Tax Planning
- Trust Management
- Wealth Management

Australia Features

Doing Business in Australia
- By Mary Swire, Hong Kong
Here we examine the taxation issues involved for foreign companies doing business in Australia, and the advantages and disadvantages of different types of Australian corporation. We also look at investment incentives available to encourage foreign direct investment, and ask just how attractive the Australian investment regime is for multinational organisations.

Living and Working in Australia - The Expatriate Perspective
- By Caroline Maxwell, London
In this article we look at issues involved in immigration to Australia, examining the different types of visa available to international expatriates. We also look at the tax implications of living and working in Australia for both resident and non-resident expats.

Outward Investment from Australia - The Offshore Perspective
- By Jason Gorringe, London
In this article we look at the offshore opportunities available (or not!) for Australian resident individuals, and examine some of the anti-avoidance provisions that have been put in place. We also look at the international tax planning opportunities that are still available to resident multinational companies.

Recent and Proposed Australian Tax Reforms
- By Caroline Maxwell
In this article, we look at recent tax reforms affecting Australian and resident multinational business. We also look at the measures proposed in the Ralph Report - those that have been implemented so far, and others still pending.

Australia Comments

To ask a question or if you have an opinion you want to share: start a new thread, or reply to a thread below:

Topic: Australia
offshore company
Hi,

are there any advantages of running a consultancy through an offshore company in Australia.

I am an Australian citizen but a UK resident that is resturning to Australia to start up a business.

Im looking to minimize tax and also have the flexibility to work in other countries.
 
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Topic: Australia
Tax advice
Hello,

I am trying to find out some information about working for an Australian company, receiving an Australian income in to an Australian bank account, whilst living (and possibly working) overseas (Indonesia). I am leaving Australia, for up to 2 years.

Will I submit a return here this coming July, from Indonesia?
Do I declare my Australian income in Indonesia?
Do I declare my Indonesian income in Australia?
Anything else I need to be aware of?

Thanks in advance for any advice.

Peter.  
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Topic: Australia
Inherited rented property in Australia as a UK Non Resident working & living in Czech Republic
This is a complicated scenario we have been presented with. My Father was Dual Nationality domiciled in UK but had property in Australia which he rented out and payments went into an Australian Bank Account.

We have inherited this and I am a UK Citizen which is non UK resident as I have work and pay taxes in the Czech Republic.

My question is the Legality of all this. I intend to open an Australian Bank account to manage rental payments. I am unsure where to declare my taxes and if it is legal for me to continue the property on in Australia living here in CZ. I also have a property in the UK which I rent out to manage the payments on a mortgage.

Please help. I'm unsure where to go next but want to ensure I am maintaining this in the right way.  
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Topic: Australia
british bank account
im an australian resident but have a english bank account with brown shipley do i require a british tax number  danielle
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Topic: Australia
Minimising Capital Gains Tax for a Non Resident
I am seeking advice as to how a non tax resident can best time the disposable of an investment property in Australia. I have been in the UK for 18 months and expect to reside here for approximately another 12-18mths. Would it be best to dispose of property whilst a UK resident and pay non resident tax rate of 29% or could I time my permanent return to Aust in approx April and dispose of property then when I would have minimal Aust sourced income for that tax year and therefore pay app 15% on the gain. I am taking a minimal salary here from my company therefore on lowest marginal tax rate in uk and remainder of uk income is derived by company dividens. Any tips/advice would be greatly appreciated  C Jones
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