Published on 10 Oct 08
by VICTORIAN DIVISION, THE TAX INSTITUTE
Note: This paper was delivered at both the Victorian and Tasmanian Conventions in 2008 (9-11 October and 17-18 October respectively).
Overseas expansion can be a potential gold rush for growing SMEs and their compliance costs. This paper provides an in depth review of key outbound structuring issues including:
whether an offshore entity/branch is required
common foreign tax issues to be aware of
whether your offshore structure is actually an Australian resident
non-resident company/trust/branch compared
taxation of profits upon repatriation to different types of Australian structures - effective tax rates for ultimate owners
worked examples to illustrate how these issues apply in practice.
Denise Honey FTIA is a Partner in the Tax Consulting Division of
Pitcher Partners. A regular Taxation Institute of Australia presenter,
her practice focus is on international taxation issues affecting closely held
groups. Current at 9 October 2008Current at 03 November 2008
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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