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They only just changed the laws a month ago to make it so opaque and vague about who qualifies as a tax-resident or not. It's basically a "if we want we will ta
by BelenusMordred 5y ago
They only just changed the laws a month ago to make it so opaque and vague about who qualifies as a tax-resident or not. It's basically a "if we want we will tax you" situation. The 183 day rule means little if you have even something as innocuous as a bank account back home now. It's a ridiculously stricter change that is entirely open to interpretation by the ATO.
https://www.mondaq.com/australia/income-tax/1070880/tax-residency-changes-in-the-wind https://www.mondaq.com/australia/income-tax/1070880/tax-resi...
- vkou 5y agoWhat you are describing is a pretty common requirement. Canada has a similar requirement, and while a passive bank account would in itself not be considered 'ties' to the country, an active one that sees use might.
- dbetteridge 5y agoUgh, thats a headache of a read. Sounds like they're just 'recommended' for now but won't take effect till next tax year at least. Also sounds like its intended to catch people working 0% tax contracts in the middle east or digital nomading around east-asia till they need medical care. (still not a good reason to complicate things)