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Taxing Australians Working Overseas Is About To Get Complicated!

Published on 29 Jul 2009 | Took place at RACV Club, Melbourne, VIC

The Tax Laws Amendment (2009 Budget Measures No. 1) Bill contains proposed changes to section 23AG of the Income Tax Assessment Act 1936. These changes, if enacted, will restrict the income tax exemption currently provided to Australian's working overseas to aid, charitable, and certain government workers from 1 July 2009. The changes will have significant impacts on both employees and employers. This event highlighted these broad impacts.

Individual sessions

Taxing Australians working overseas is about to get complicated!

Author(s):  Belinda WRIGHT,  Kristy WHITNELL

This paper covers:

  • details of the current law and proposed changes to the law
  • the impact of these changes on the tax payable by the employee
  • the implications for claiming Foreign Tax Credits
  • residency issues for employees (including the impact from ceasing to be an Australian tax resident)
  • the relevance of Double Tax Agreements
  • other tax and transfer issues for employees.
Materials from this session: