Taxed on foreign income ?

[oznomad]

1 hour ago, 4MyEgo said:

You know every now and again a newbie comes along thinking they know it all, but "fail" because they say, it's not my job to back up what they say.

 

If you have ever read a single post of mine in the Australian forum side of TVF you would not that when I have commented and sent people, links to the legislation, links to court rulings, ATO information, never a forum regardless whether its an ATO forum or other because:

 

A) The legislation is LAW and binding

B) Precedents open a new path from court cases

C) Don't hold any substance to A or B when talking about tax, they are there for discussion, and when someone knows what they are talking about or quote something, should back it up with a link.

 

But like I said, a newbie comes along every now and again and thinks he knows everything because he read it on an ATO forum, can you hear yourself, and mate, don't you EVER have a go at me, I have contributed more to this forum and back it up for my Ozzie expats who have appreciated my knowledge and input greatly as it has opened their eyes.

 

Now get back to what you were doing before you came onto TVF, i.e. continue being a keyboard warrior with no substance and bugger off, as I have wasted enough time on the disrespectful newbie's that come along and dummy spit vulgarity before they can even talk.

 

No need to reply as you would be one step closer to getting put on my "timewaster" TVF block member list !

Dear Sir High and Mighty,

 

You assumption is way off the mark, just as your statement about tax was.

 

Am I a TVF newbie? No. I have been visiting this site for many years, I just don't feel the need, nor have the time, to post thousands of posts. I speak when I think it is important to do so, not to run around telling people how superb I am, or provide lies for people to make their decisions on.

 

Am I an international tax newbie? No.

FYFI, I have been both resident and non-resident for the past 20+ years, in a variety of countries, and have not lived in Aus in that time.  You might learn something just from that sentence, but I doubt it.

I would say that is experience, not 'no substance'.

You waffle on and on about my apparent lack of back up, and how wonderful you are, yet I see no evidence in support of your tax statement - for the obvious reason, there isn't any.

 

You might think you are a valuable contributor to TVF, but when you post such things as the one I picked you up on, I would suggest your value is in your own mind. I feel sorry for the Aussie expats that 'appreciated your knowledge greatly' as in this case (can we assume the rest as well?) you are clueless.

 

This link below is not for you, but for others that may be interested in the situation, hopefully having read through the many relevant pages on the ATO website first.

http://www.austexpatinvestor.com/things-to-show-you-are-a-non-resident-for-australian-tax-purposes/

Just a little bit more than 183 days away eh?

 

You are a blowhard, an empty drum, devoid of knowledge, with an ability to see yourself in an entirely undeserved glorious light, and can go shove a couple of kilos of sand up your fundamental. It seems like you have nothing better to do, so make it one grain at a time.

 

????????????????

 

 

 

[4MyEgo]

32 minutes ago, oznomad said:

Dear Sir High and Mighty,

 

You assumption is way off the mark, just as your statement about tax was.

 

Am I a TVF newbie? No. I have been visiting this site for many years, I just don't feel the need, nor have the time, to post thousands of posts. I speak when I think it is important to do so, not to run around telling people how superb I am, or provide lies for people to make their decisions on.

 

Am I an international tax newbie? No.

FYFI, I have been both resident and non-resident for the past 20+ years, in a variety of countries, and have not lived in Aus in that time.  You might learn something just from that sentence, but I doubt it.

I would say that is experience, not 'no substance'.

You waffle on and on about my apparent lack of back up, and how wonderful you are, yet I see no evidence in support of your tax statement - for the obvious reason, there isn't any.

 

You might think you are a valuable contributor to TVF, but when you post such things as the one I picked you up on, I would suggest your value is in your own mind. I feel sorry for the Aussie expats that 'appreciated your knowledge greatly' as in this case (can we assume the rest as well?) you are clueless.

 

This link below is not for you, but for others that may be interested in the situation, hopefully having read through the many relevant pages on the ATO website first.

http://www.austexpatinvestor.com/things-to-show-you-are-a-non-resident-for-australian-tax-purposes/

Just a little bit more than 183 days away eh?

 

You are a blowhard, an empty drum, devoid of knowledge, with an ability to see yourself in an entirely undeserved glorious light, and can go shove a couple of kilos of sand up your fundamental. It seems like you have nothing better to do, so make it one grain at a time.

 

????????????????

 

 

 

Go back to #14 and read what I said, then read the link below, what you are telling me in your link is already evident ????

 

Being out of the country for more than 183 days is enough to deem yourself a non-resident, i.e. to either fill that out on your tax return or not, as non-residents don't need to lodge a tax return unless they are earning an income from within Australia, excluding income earned from fully franked shares.

 

Naturally you have the other criteria to get through, only a lamen wouldn't know that, my point was clear, after 183 days you are deemed a non-resident, however you MUST prove it.

 

https://www.ato.gov.au/Individuals/International-tax-for-individuals/In-detail/Residency/Residency---the-183-day-test/

Edited August 11, 2019 by 4MyEgo

[oznomad]

15 hours ago, 4MyEgo said:

Go back to #14 and read what I said, then read the link below, what you are telling me in your link is already evident ????

 

Being out of the country for more than 183 days is enough to deem yourself a non-resident, i.e. to either fill that out on your tax return or not, as non-residents don't need to lodge a tax return unless they are earning an income from within Australia, excluding income earned from fully franked shares.

 

Naturally you have the other criteria to get through, only a lamen wouldn't know that, my point was clear, after 183 days you are deemed a non-resident, however you MUST prove it.

 

https://www.ato.gov.au/Individuals/International-tax-for-individuals/In-detail/Residency/Residency---the-183-day-test/

 

Your confidence is at round 100%, please cross-reference to experience.

 

You quote yourself, then go on to say the opposite.

 

Being out of the country for more than 183 days is enough to deem yourself a non-resident

 

then a bit of backpedaling shortly afterward

 

Naturally you have the other criteria to get through, only a lamen wouldn't know that

 

Is a lamen related to a llama?

 

You know, it's ok to stand up, say you were repeatedly wrong, apologise, and seek the truth.

 

Has there ever been a more appropriate username than yours? 4MyEgo.   LOL

 

Has my status as a newbie been rescinded?

 

For those interested in the facts about being tax resident or non-resident, do not take the 183 days rule as anything more than one rule of many. Take his advice at your own financial peril, especially you 'lamen'.

[4MyEgo]

20 minutes ago, oznomad said:

You quote yourself, then go on to say the opposite.

 

Being out of the country for more than 183 days is enough to deem yourself a non-resident

 

then a bit of backpedaling shortly afterward

 

Has my status as a newbie been rescinded?

 

For those interested in the facts about being tax resident or non-resident, do not take the 183 days rule as anything more than one rule of many. Take his advice at your own financial peril, especially you 'lamen'.

If you spent as much time as you did putting this reply together as opposed to researching the Home Country Forum of TVF, you would have read many replies to posts of me lining out the criteria for non-residency status, and then you would have seen that there is no backpedaling going on here, but then again you are who you are and I can't help those who can't help themselves in facing the facts, especially newbies.

 

Your status as a newbie has been elevated, but we won't put it here as I might be suspended, and that would be a first.

 

As I have always said, the 183 day rule does give you the right to deem yourself as a non resident, no backpedaling there again, (you can read obviously) even with blinkers on I would imagine, and yes it is one criteria that is met of the other criteria that may be required to be proven if the ATO audits you, in other words, "I am correct in what I am saying", whether it is in part or not, there is a process to prove your residency status if audited, and the fact of the matter is, unless you are out of the country for more than 183 days in any financial year, you cannot deem yourself a non-resident, now can you !

 

As for you having a go on my user name, all and good, it was my number plate which was on my 1974 Rolls Royce Silver Shadow MK1 which I purchased in 1980, age 20 years old, move along now, you have too much time on your hands, and we have moved off the topic.

 

I win, you lose !!!

 

Edited August 12, 2019 by 4MyEgo

[oznomad]

5 hours ago, 4MyEgo said:

As I have always said, the 183 day rule does give you the right to deem yourself as a non resident,

Oh my Buddha.

It certainly does not.

You can't 'deem yourself' anyway. ATO's rules, ATO's decision.

Tomorrow I might deem myself as the owner of Amazon.

It would have the same affect as your deeming.

I am unsure if it's stupidity or stubbornness that is your main malfunction.  50/50?

 

This is like teaching a pig to sing. A waste of time, and just annoys the pig. 

Ok, it's important to you to claim a 'win', despite being bewilderingly wrong.

You win. Happy days for you. ????‍♀️????‍♀️????‍♀️????

[4MyEgo]

1 hour ago, oznomad said:

 

It certainly does not.

 

You can't 'deem yourself' anyway. ATO's rules, ATO's decision.

 

 

I am unsure if it's stupidity or stubbornness that is your main malfunction.  50/50?

 

 

Ok, it's important to you to claim a 'win', despite being bewilderingly wrong.

You win. Happy days for you. ????‍♀️????‍♀️????‍♀️????

Your back again, obviously trying to get the last word in ????

 

I deem myself a non resident every year when I lodge my tax return annually, as I earn income from within Australia, see the attached PDF file, just under Individual information in bold and directly under: Your tax file number (TFN), you will clearly see it asks the question: Are you an Australian resident? Yes or No.

 

Now for me to be deeming myself a non resident for the past 4 tax returns, means that I have deemed myself a non resident, not the ATO.

 

If the ATO wishes for me to prove myself, then they will request that I prove it, so as I said before, if you are away for more than 183 days in any financial year, you can deem yourself a non resident and pay zero tax as a non resident or tax as a non resident, whichever is applicable in your circumstances.

 

Yes, I know I won, you didn't have to blow me the kiss, although was sweet ????

 

 

 

Tax-return-for-individuals-2019.pdf

Edited August 12, 2019 by 4MyEgo
Forgot to attach a document

[4MyEgo]

1 hour ago, oznomad said:

You can't 'deem yourself' anyway. ATO's rules, ATO's decision.

Again, just in case you couldn't read it clearly in the above. ????

 

I rest my case, you can deem yourself a non resident if you are out of the country for more than 183 days in any financial year, the onus is on you to prove it, if the ATO asks, simple really, if your not stupid or stubborn or something along those lines as you quoted in your post above, 50/50 or something like that, whatever.

 

I won't expect an apology, i.e. that I am correct, but would be nice to know that I did win fair and square, sore loser ????

 

Tax-return-for-individuals-2019.pdf

Edited August 12, 2019 by 4MyEgo

[John Singer]

A good place to start researching your tax obligations when more than one country are involved are the double tax treaties between those countries (if any). 

Edited August 12, 2019 by John Singer

[oznomad]

17 hours ago, John Singer said:

A good place to start researching your tax obligations when more than one country are involved are the double tax treaties between those countries (if any). 

Yes.

For example an Australian Govt pension is taxed at the source, which then makes no tax on it owed in Thailand. The unfortunate part is that is not optional, so the lower tax rates here can not be used to advantage. 

[oznomad]

18 hours ago, 4MyEgo said:

Again, just in case you couldn't read it clearly in the above. ????

 

I rest my case, you can deem yourself a non resident if you are out of the country for more than 183 days in any financial year, the onus is on you to prove it, if the ATO asks, simple really, if your not stupid or stubborn or something along those lines as you quoted in your post above, 50/50 or something like that, whatever.

 

I won't expect an apology, i.e. that I am correct, but would be nice to know that I did win fair and square, sore loser ????

 

Tax-return-for-individuals-2019.pdf 400.22 kB · 2 downloads

Ok, you big deemer you.

Deem away. Fill your boots with all sorts of deems.

 

For anyone else reading, old bugalugs is actually right. 

You can state / deem whatever you like. You can deem that you have 150 dependents and 27 million dollars in business deductions. No problemo.

It's just when the taxman starts asking for proof that the troubles start.

Apparently there is a fine example of the Dunning Kruger Effect that has claimed the past 4 years based on the 183 day rule, which he presumably satisfies. 

If he doesn't satisfy the rest of the requirements, he will be in the doo-doo.

Repaying the owed taxes, and probably some fines on top.

It might be petty, but I grin at the thought of that happening to bugalugs.

 

A little bit extra info - I personally satisfied, by a long way, the 183 day rule for 2015 through 2019. It didnt matter. I did not satisfy some of the other rules that go hand in hand with the 183 day rule, and remained tax resident for the period. 

If only I had someone to tell me then that I could do some deeming and just tick a box and all would be good.....

Damn.

 

[4MyEgo]

47 minutes ago, oznomad said:

For anyone else reading, old bugalugs is actually right. 

Thank you for finally seeing things the way I said they are, and naturally as you said it's not so cut and dry.

 

To add, I sort the advice of my accountant prior to moving here, who also advised me of the same, after I  wrote to the ATO and received a call from them, they confirmed that I would be a non resident for tax purposes and my principal place of residence would be subject to capital gains tax once I rented it and I would be paying 32.5c in the $, so I flicked the principal place of residence, thankfully as the market went south about a year later, so happy with that decision, although it did leave a bitter taste in my mouth prior to selling it.

 

You see my anchor here is that I have two kids both going to school, I have a yearly extension being married to a Thai, I also have a bank account here.

 

Even though I have kept my bank accounts in Australia, I pay a withholding tax of 10% of the funds within them as a non resident. I have kept my drivers license for ease of driving in Australia when I return every 12 - 18 months to see family, Dr, Specialist etc etc and I still do claim back what I can from Medicare even some say I shouldn't, however their website says if you are out of the country for more than 5 years it will be cancelled, well, I haven't reached 5 years yet and will continue to use it, that said, apparently if you use it every year or so, the clock starts again, and I don't feel guilty using the system as I still pay tax as a non resident as I receive funds from within Australia, as for the stock market, well no tax paid there, legally.

 

So there you have it in a nutshell, bugalugs did his due diligence before he left and will put up a fierce fight is anyone tells me it's any different to the way I say it is, although some have tried and I have given up on them, but I am glad you pulled through, we all learn something everyday, including myself.

 

Have a good one TVF Member