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How many of you are part timers?


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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 by georgegeorgia
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