Taxing Foreign Employment
Published on 20 Jul 2010
| Took place at Education Development Centre, Hindmarsh, SA
The Federal Government’s changes to the foreign employment income exemption will have ramifications for
international assignees and employers. The impact of this change could be a higher overall tax cost for employees
who remain Australian Tax residents whilst earning income in a foreign country, and additional costs and obligations
for employers. In reviewing these changes, this event provided practical guidance on the impacts for both the
employees and their employers, including:
- overview of the amendments to tax foreign employment income
- taxation costs for the employee, and utilising foreign tax credits
- additional obligations for employers, including on-costs
- tax effective packaging and income equalisation arrangements.
This event was part of the Bi-Monthly series.