View Single Post
  #6 (Link to this post)  
Old 28-09-09
Andrew Lowe Andrew Lowe is offline
Member
 
Join Date: May 2009
Location: Sydney
Posts: 3
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: Financial / tax advice specialist for Aus / USA online business? Any recommendati

Hi Luke,

I specialise in personal, corporate and international tax and have a number of clients who are expatriates. I've been reading through the comments and you have an interesting case here.

As Michael, Warren and 'Ideas Book' have stated, there are tax residency issues which are not as straightforward as you might think, particularly as it seems that you may be overseas for quite a while. Not only do you have to consider your residency status but also that of the business, which does depend to an extent on your business structure (whether here or USA).

From my experience, in some cases, despite your intention to remain a resident of Australia for tax purposes, you can be deemed to be a non-resident due to the circumstances.

There are also tax consequences of changes in residency (and back) so you really do need to make sure that you determine your residency status before you go overseas.

I'd be happy to have a chat and shed some light on your situation.

Feel free to drop me an e-mail or give me a call.

Cheers,
Andrew

Andrew Lowe
Director
CA ATIA M.Acc B.Com

Integrated Alliance Pty Limited
Chartered Accountants and Business Advisors
Level 33, Australia Square, 264 George Street, Sydney NSW 2000
P: +61 2 9212 0696
F: +61 2 9258 1111
M: 0418 235 150
E: alowe@ialliance.com.au

Liability limited by a scheme approved under Professional Standards
Reply With Quote