Skip to main content
shopping_cart

Your shopping cart is empty

Expatriates: Section 23AG exemption paper

Published on 13 Aug 09 by QUEENSLAND DIVISION, THE TAX INSTITUTE

The government in their May budget announced the removal of this much utilised section of the 1936 Act which allowed for employment income of outbound expatriates to be exempt from Australian tax. This paper explores these amendments and the impact they will have on employees and employers.

The taxation impact on employers include PAYG, pay-roll tax and superannuation obligations and increased FBT costs. Given the changes employers will also face a loss of international competitiveness, increased assignment costs and reduced ability to attract employees on overseas assignments.

Employees will face greater issues such as double tax and the associated cashflow concerns. Accordingly, this paper also explores the alternatives available including the use of foreign income tax offsets and the use of double tax agreements.

Author profiles:

Author Photo - Alana Haiduk
Alana Haiduk
Alana is a Director in PwC’s Private Clients practice in Brisbane. She is the team leader of the Brisbane International Assignment Solutions, Payroll Services and Employment Taxes teams. She has more than 11 years experience with PwC. Alana is responsible for the administration of a number of large expatriate programs and has considerable experience advising clients on general employment issues such as superannuation, fringe benefits tax and payroll tax Current at 17 February 2011 Click here to expand/collapse more articles by Alana HAIDUK.
 
Sally-Anne Horn
Sally-Anne is a Manager with PricewaterhouseCoopers Current at 01 August 2010

Belinda Wright CTA
Belinda is a Director with PricewaterhouseCoopers. Current at 02 July 2009 Click here to expand/collapse more articles by Belinda WRIGHT.

Justin Long
Justin is a Senior Manager in PricewaterhouseCooper’s International Assignment Solutions (IAS) practice in Brisbane. Justin has been with PwC for over 7 years specialising in managing expatriate programs for multinational corporations, as well as advising on related topics such as international tax, expatriate policy, employment taxes, US personal tax and individual tax planning. Justin's experience with PwC includes a 3 year assignment with PwC in San Francisco, US specializing in US personal tax compliance and expatriate program coordination for US based multinational corporations.Justin is a Senior Manager in PricewaterhouseCooper’s International Assignment Solutions (IAS) practice in Brisbane. Justin has been with PwC for over 7 years specialising in managing expatriate programs for multinational corporations, as well as advising on related topics such as international tax, expatriate policy, employment taxes, US personal tax and individual tax planning. Justin's experience with PwC includes a 3 year assignment with PwC in San Francisco, US specializing in US personal tax compliance and expatriate program coordination for US based multinational corporations. Current at 02 July 2009 Click here to expand/collapse more articles by Justin LONG.

Kristy Whitnell
Kristy is a Director with PricewaterhouseCoopers. Current at 02 July 2009 Click here to expand/collapse more articles by Kristy WHITNELL.

This was presented at Expatriates: Critical Tax & Super Issues.

Get a 20% discount when you buy all the items from this event.

Individual sessions




Further details about this event:

 

Copyright Statement