Published on 29 Sep 11
by VICTORIAN DIVISION, THE TAX INSTITUTE
This paper covers:
- why is the determination of the source of income important?
- when does the determination of source become critical?
- what is the meaning of "source" of income?
- what is the meaning of Australia and what is its impact on the determination of “source”?
- what is the “source” of business income and trading income?
Please note this paper was originally presented by Cory Hillier at An Introduction to Australia's International Taxation Sytem in Sydney on the 18th August and has been updated by Kai-Chen Chang.
Kau-Chen is a Senior Associate at Mallesons Stephen
Jaques based in the Melbourne office.
Kai-Chen specialises in income tax with an emphasis on the
taxation of trusts, cross-border investment and other corporate
issues and transactions. She has had significant experience in
advising clients in the funds management industry on the
establishment, operation and restructure of funds and on
reviewing and drafting the associated documentation.
- Current at
26 August 2011
Cory is a Senior Associate in the Taxation Group at King & Wood Mallesons. He specialises in tax with a focus on corporate tax. His practice concentrates on providing tax advice to a variety of financial institutions, as well as to large domestic and multinational corporations. He has extensive experience in funds management, structured and financial products, banking and finance, and mergers and acquisitions transactions. Cory was recently named as an associate to watch in the 2012 Chambers: Asia Pacific client guide.
- Current at
18 February 2013