FREQUENTLY ASKED QUESTIONS
Why do I need an international tax advisor?
Your tax liabilities depend largely on your resident and immigration status, and the origin of the income you receive. Do not rely on general advice as your situation is likely to be unique.
Remember that Tax Agent fees are tax deductible in Australia.
I am an individual who receives shares from my employer. What do I need to be aware of?
You are likely to have Income Tax and Capital Gains Tax liabilities in Australia. Tax planning is also possible. Please contact me to discuss how can I help.
I am an individual. How can I know who is the right advisor for me?
If you are an individual who has resided in more than one country, it is likely that neither your local Tax Agent nor the ATO can assist when you derive foreign income and pay taxes overseas. The same if you have share portfolio and you need assistance about Capital Gains taxes.
Remember that Tax Agent fees are tax deductible in Australia.
I am a company. How can I know who is the right advisor for me?
If you employ people working in more than one jurisdiction, it is likely that you need global mobility, rewards and tax advice for your business and your employees. There are Income tax and FBT concessions and liabilities your business needs to be aware of.
You need an advisor with global expertise.
I pay taxes overseas. What do I need to do in Australia?
Most resident individuals need to declare foreign income in Australia. If you pay income taxes overseas, you may be able to claim these as credits in Australia, to ensure you are not double taxed on the same income.
I am a foreign national residing in Australia. What do I have to do?
You may need advice regarding how to disclose your foreign income and foreign taxes in Australia, if relevant. You may as well be exempt from paying Medicare Levy and Capital Gains Tax.
I am based in Australia, but will relocate overseas. What do I need to be aware of?
Your tax liabilities depend largely on your resident status, and the origin of the income you receive. Consider as well that Australia has several Tax Treaties in force. Do not rely on general advice as your situation is likely to be unique.
I am a temporary resident in Australia, but I would like to apply for a permanent visa. What do I need to be aware of?
Most resident individuals will have to declare foreign income in Australia. If you pay income taxes overseas, you may be able to claim these as credits in Australia.
Capital Gains Tax and Medicare Levy (and Medicare Levy Surcharge) also need to be consider.
Tax planning is possible, so do not hesitate to get in touch.