Withholding tax on dividends: Dividends paid by Australian companies are subject to a withholding tax. The standard rate is 30%, but this can be reduced through tax treaties with other countries.
Frequently asked questions about taxes for foreigners in Australia
You are considered a tax resident in Australia guatemala phone number library if you spend more than 183 days a year in the country or if you have your main place of residence in Australia. In addition, if your centre of economic interests, such as employment or investments, is in Australia, you will also be considered a tax resident. For confirmation, you can use the ATO's Residency Test tool or consult a tax advisor. Remember to purchase your Holafly eSIM to stay informed of changes at all times!
What is the foreign property surcharge and who does it apply to?
The Foreign Property Surcharge is an additional tax levied on foreign property owners in some states of Australia. For example, in New South Wales an additional 2% is charged on the rateable value of property, while in Victoria this rate is 4%.
How do I know if I am a tax resident in Australia?
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