georgegeorgia Posted January 11, 2019 Author Share Posted January 11, 2019 (edited) 20 hours ago, MadMuhammad said: I just take the hit as a foreign resident for tax purposes. 33% on my dividends isn't too bad when I account for tax withheld on fully franked distributions, makes investing a little more difficult but doable. This route is much preferred than being forced to go back to Oz for 6 months a year (and cheaper!) Is this Australia? I didnt realise we get hit with more tax being overseas? so after paying 39% income tax , 50% capital gains tax on selling investment property or Stocks we are slugged with 33% on dividends too, no wonder lazy Aussies choose to go on the dole ! Edited January 11, 2019 by georgegeorgia Link to comment Share on other sites More sharing options...
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