2025 Australian Federal Budget Summary On Tuesday, March...
In our 13th installment of the Family Office...
2024 Australian Federal Budget Summary On Tuesday 14th...
Is your Australian trust a “grantor trust” for US tax purposes?
The US taxes a “United States Person” (defined to include a ‘US resident’ or a citizen) on a worldwide basis, whereas non-US persons... Read more
A nonresident individual married to a U.S. citizen may be required to file a U.S. tax return if…
Generally, the number of days an individual spends in a country is one of the important determinants of taxability in such country. But... Read more
The 2019 OECD Tax Statistics – how does the US and Australia compare?
The OECD has released its annual Revenue Statistics Report comparing the tax data for all OECD countries . The OECD Tax Statistics The... Read more
Rules of POEM – Part II
An earlier blog on POEM started with a discussion on the determinants of residential status of a foreign corporation in India. The Indian... Read more
CGT and foreign resident beneficiaries: TD 2019/D6 and TD 2019/D7
The Australian Taxation Office recently released draft Taxation Determinations TD 2019/D6 and TD 2019/D7. The combined effect of the draft Determinations is that... Read more
What to do before you start establishing your entity in the U.S?
Expanding business operations into the U.S. can be a lucrative opportunity to grow business if the structural decisions are made at the right... Read more