Published on 01 Feb 11
by "THE TAX SPECIALIST" JOURNAL ARTICLE
Foreign retirement funds are not universally treated by the Australian Taxation Office as “superannuation”. As a result, your clients with interests in US, NZ or Canadian retirement funds, among others, face a dual dilemma. If they shift the funds to Australia, they may be taxed harshly. If they leave the funds offshore, they may be caught by the proposed “anti-roll-up rule” designed to replace the now repealed foreign investment fund regime.
Chris is a financial adviser with over 20 years practical experience in designing and implementing superannuation strategies and succession planning for SME owners. He also focuses on retirement planning for senior employees in listed companies, government and the universities, and he regularly advises both Australians and expats on managing and transitioning their wealth.
- Current at
25 September 2017