One of the advantages of citizenship in a 3rd world country in my case. :0)
Tq. Very informative, Miss X.
"To be exempt from any tax to Australia you have to prove you are not an Australian resident for tax purposes. Which generally means you can not have intentions to move back to Australia."
Is there a time limit to this for Australia? Eg. after a number of years working abroad, you can be deemed to be non-resident for tax purposes?
"Like I said before, you do not have to pay tax to Australia if you can show you are no longer a resident, and do not intend to be in the near future."
- Meaning returning home in the "distant future" will be ok?
"3. your foreign earnings are not excluded from exemption by the following non-exemption conditions
-the foreign country does not impose tax on employment or personal services income (for example, Saudi Arabia),"
- triple, quadruple or actually more negative statements? "not excluded from exemption" ie. exempted ... by the following non-exemptions??? Should be "exemption conditions", right? Either there's a typo or there's an omission somewhere. Cant read the weblink to double check.
For ease of untwisting the mind:-
- exemption - don't have to pay
- excluded from exemption - have to pay
- not excluded from exemption - don't have to pay
The spanner in the works:
- the following non-exemptions - have to pay
- country of work - no tax, but this being a non-exemption condition - so if this if satisfied, have to pay.
But then, the opening line copy pasted from the website - "Your foreign employment income is exempt from tax if:
.."
Hence, if you are an Aussie resident, working for 91 days or more and your country of work is tax exempt (a non exemption condition), you are exempted when you return home to Australia.
So what's the problem actually?
/Backup plan - move to Canada after minting your money.
*****************************************
Don't want no drama,
No, no drama, no, no, no, no drama
One of the advantages of citizenship in a 3rd world country in my case. :0)
Tq. Very informative, Miss X.
"To be exempt from any tax to Australia you have to prove you are not an Australian resident for tax purposes. Which generally means you can not have intentions to move back to Australia."
Is there a time limit to this for Australia? Eg. after a number of years working abroad, you can be deemed to be non-resident for tax purposes?
"Like I said before, you do not have to pay tax to Australia if you can show you are no longer a resident, and do not intend to be in the near future."
- Meaning returning home in the "distant future" will be ok?
"3. your foreign earnings are not excluded from exemption by the following non-exemption conditions
-the foreign country does not impose tax on employment or personal services income (for example, Saudi Arabia),"
- triple, quadruple or actually more negative statements? "not excluded from exemption" ie. exempted ... by the following non-exemptions??? Should be "exemption conditions", right? Either there's a typo or there's an omission somewhere. Cant read the weblink to double check.
For ease of untwisting the mind:-
- exemption - don't have to pay
- excluded from exemption - have to pay
- not excluded from exemption - don't have to pay
The spanner in the works:
- the following non-exemptions - have to pay
- country of work - no tax, but this being a non-exemption condition - so if this if satisfied, have to pay.
But then, the opening line copy pasted from the website - "Your foreign employment income is exempt from tax if:
.."
Hence, if you are an Aussie resident, working for 91 days or more and your country of work is tax exempt (a non exemption condition), you are exempted when you return home to Australia.
So what's the problem actually?
/Backup plan - move to Canada after minting your money.
*****************************************
Don't want no drama,
No, no drama, no, no, no, no drama