Major tax shocks await the unwary Australian expatriate
A field of potential pitfalls await the unwary Australian expat' when it comes to navigating the often-complex tax landscape, but a few minutes reading this article could save tens of thousands of dollars.
From Singapore (pictured) to New York and anywhere in between, Australians working abroad have to contend with potentially complex tax matters. (Image source: Shutterstock.com)
Signed employment contract - check. Passport renewed - check. Airline tickets booked - check. Analysed the capital gains consequences of CGT event I1- Check…no wait, what?!?
Living and working overseas has many benefits. Travel not only broadens the mind; international employment looks good on pretty much any resumé.
Many foreign countries have significantly lower tax regimes than Australia and this can be a major drawcard for an Australian exp…
