Australia levies tax on its residents. But how can a company ‘reside’ anywhere for tax purposes? And can a company ‘reside’ in Australia if its directors and or shareholders are overseas?
taxation law
Further ASIC guidance for accountants providing SMSF advice
If Homer had told you he wanted to invest in property and asked how he could minimise his taxation obligations, as his tax agent you perhaps could have discussed the benefits of self-managed superannuation to achieve tax minimization.
What is an interdependency relationship?
This is a concept introduced into the SIS and tax legislation in 2005. It seems to have been introduced as a means of providing tax free payment of super benefits to an individual who was in a marriage like relationship with a deceased member but which did not satisfy the traditional definition of marriage. However […]
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