atotaxrates.info/capital-gains-tax/cgt-and-non-residents/

In general, capital gains made by a non-resident are assessable only in relation to taxable Australian property , including real�property and land-rich�Australian companies. A land-rich company has more than 50% of its�asset value in land.

Comparable treatment is available for interests held through a fixed trust.

Non-final withholding tax on taxable Australian property transactions

[update...

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Capital Gains Tax (CGT) | Exfin - The Australian ...

Australian Capital Gains Tax (CGT) - An Introduction and FAQ's

Australia has had a comprehensive capital gains tax (CGT) regime since 20 September 1985. Individuals planning to move to Australia or leave Australia should understand the framework of these rules so they do not to trigger any "avoidable" adverse Australian CGT consequences. Some general information is provided below, but Exfin...

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Website: https://www.exfin.com

Something every Kiwi in Australia needs to know | Beyond ...

I've sometimes thought that perhaps Australia needs to make a few things right with our trans-Tasman cousins.

I'm sorry about the underarm incident. It's embarrassing to think that we'd resort to cheating like that. And sorry that our recent cricketers show such embarrassing sportsmanship.

Also, sorry for all those predictable sheep jokes, and for trying to get you to say "fish and chips".

And,...

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Website: http://www.beyondaccountancy.com.au

Are you renting out your principle place of residence ...

Are you renting out your principle place of residence?

Use the ATO Capital Gains Tax (CGT) property exemption tool to find out what if any Capital Gains are likely to be assessable on sale of the property

One of the main advantages of purchasing a Principle Place of Residence (PPR) is that generally speaking, there are no tax implications, provided you don't use it to produce income and it's on 2 hectares of land or less. �You should keep all the records relating to your home so that if your situation changes in the future - for example, you start to rent it out - you don't pay more tax than necessary.

For many people, over time this can amount to a...

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Website: http://www.1ststreet.com.au

Related topics : ato capital gains tax non residents / capital gains tax property sale / capital gains tax home sale exemption / capital gains tax on property / capital gains tax exemption

ATO Tax Rates 2017 - atotaxrates.info

�19c for each $1 over $18,200

�$37,001 to $80,000

�$3,572 plus 32.5c for each $1 over $37,000

�$80,001�to $180,000

�$17,547 plus 37c for each $1 over $80,000

�$180,001 and over

�$54,547 plus 47c for each $1 over $180,000

Levy on higher income earners

A Federal Budget 2014-15 measure applied a Temporary Budget Repair Levy of 2% to taxable incomes in excess $180,000, to take effect...

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Website: https://atotaxrates.info

Inheritance Tax In Australia - Sean Paul Kelley

Do you pay tax on money left to you in a will in Australia?

We Answered:

In most cases, the answer is NO!

However, there are always exceptions to the rule and it depends on how you define the terms used. There is no inheritance tax , but the assets of the deceased may be subject to other taxes. A person still subject to income tax and other taxes up to the date of death, with the estate being...

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Website: http://www.seanpaulkelley.com

Tax Law - WWLP

Foreign-source Income�

Under Australian taxation laws, a resident of Australia is liable, subject to exceptions and exemptions, to Australian income tax on their worldwide income or income from a foreign source.�

If an Australian resident receives income or other taxable amounts from a foreign source in or outside Australia, they are required at the end of each financial year to declare in...

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Website: http://www.wwlp.com.au

Related topics : individual income tax return / tax credit pension income amount / resident income tax return / capital gains tax income / return on income tax

How the U.S. Taxes J-1 Visa Holders | J1 Tax Refund

As a resident you are required to report your worldwide income on your U.S. tax return, and, under certain circumstances report your foreign bank and investment accounts.�You would file either Form 1040, Form 1040-A or Form 1040-EZ, and can claim all of the deductions and credits available for U.S. citizens. Most�treaty exemptions that apply to nonresidents are not available on the resident...

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Website: https://j1taxrefund.com

Singapore's government says it's not a tax haven, it's a ...

Singapore is not a tax haven, it's a value-adding hub.

That is the claim of the island nation's Economic Development Board, the Singaporean government agency that's been charged with attracting business and investment. It has disputed recent claims at the Senate inquiry into corporate tax avoidance that it's being used as a tax haven channelling billions of dollars for Australian companies.

The...

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Website: https://www.smh.com.au

Related topics : australia capital gains tax rate / government sales tax singapore / investment capital gains tax rate / ato capital gains tax rate / trust capital gains tax rate

ATO Tax Rates 2018 - atotaxrates.info

�19c for each $1 over $18,200

�$37,001 to $87,000

�$3,572 plus 32.5c for each $1 over $37,000

�$87,001 to $180,000

�$19,822 plus 37c for each $1 over $87,000

�$180,001 and over

�$54,232 plus 45c for each $1 over $180,000

Temporary Budget Repair Levy ends

Legislation passed in 2014 applied the Temporary Budget Repair Levy of 2% to taxable incomes in excess of $180,000 for a period of...

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Website: https://atotaxrates.info