This booklet is a comprehensive guide for individuals and businesses contemplating doing business in Australia. It addresses a broad range of government, economic and tax-related information.
The global nature of doing business has increased the likelihood many people will live and work abroad during their lifetime.
While this brings with it professional and personal growth opportunities, it can also pose issues for taxpayers when navigating the tax systems of the respective jurisdictions.
In recent years, the Federal Government has prioritised reforms to modernise and simplify the tax residency definition for individuals. The changes have impacted Australian businesses and individuals working at home or overseas.
How we help clients
LB Mann Judd’s international tax specialists advise individuals and employers on effective approaches for both inbound and outbound investments and expatriate work assignments. We work with high net wealth individuals, executives and multinational businesses looking for value-added tax strategies and assistance.
Many of our individual clients have either moved to Australia from overseas or spend a period of time working overseas. Similarly, many of our business clients either engage inbound expatriates on temporary working visas, or send employees overseas on assignment.
This requires a good understanding of both domestic and foreign jurisdiction taxes, including specialist taxes such as capital gains tax, land tax, duties and employment taxes, as well as the application of any double tax agreements.
HLB Mann Judd's international tax specialists advise on all inbound and outbound tax strategies, including those relating to the following:
- International tax advice for foreign nationals, including those investing in Australia
- Tax advice and compliance for Australians moving to and from a foreign jurisdiction
- Tax advice and compliance for Australian individuals and businesses investing overseas
- Expatriate tax assistance for inbound and outbound employees.