Question

In: Accounting

I'm a resident in Australia and after singing an agreement with my company In Australia, to...

I'm a resident in Australia and after singing an agreement with my company In Australia, to work for a company in France, and my company provided me with a house to stay for the two years im working there as a employment package.

Will I be considered an Australian resident or a non-resident, for tax purposes while working in France?

Would the leased house that has been provided by my company as an employment package make me a non Australian resident for tax purposes or would I still be considered an Australian resident for tax purposes.

Also note that I have no intention to live in the overseas country.

I know that if I leased a house oversea I would be considered a non resident in Australia but What if my company provided me with a house? Would I be deemed as a non resident In Australia?  

Solutions

Expert Solution

Will I be considered an Australian resident or a non-resident, for tax purposes while working in France?

You would be called a non-resident. Since your income is being earned in France, you are liable to comply with France's tax bracket. You are not expected to pay tax in Australia for income generated in France.

Would the leased house that has been provided by my company as an employment package make me a non Australian resident for tax purposes or would I still be considered an Australian resident for tax purposes.

If the company has leased you land in France, that doesnt count you to become a resident in Australia. You would be a non-resident in australia as long as you are working and earning in France. So you will not be considered for tax purpose in Australia.

I know that if I leased a house oversea I would be considered a non resident in Australia but What if my company provided me with a house? Would I be deemed as a non resident In Australia?

You will be deemed as a non-resident in Australia.


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