Our tax team has prepared an essential guide on doing business or investing in Australia. Australia has a complex tax landscape with taxes applicable at both a Federal level and at the State and Territory level.
In this guide, we cover some of the key tax issues that you need to be aware of, including:
- Key tax law concepts: we explore several key tax law concepts you should consider prior to doing business or investing in Australia. This includes tax residency, source, revenue v capital, dividend imputation system, tax losses, capital gains tax and tax grouping.
- Common investment structures: we outline the details of suitable investment structures to consider. Each investment structure has its own tax advantages and disadvantages and choosing the correct investment or business structure is critical to achieving your business objectives.
- International tax considerations: we look at the key international tax considerations that you need to be aware of when doing business or investing in Australia.
This guide was prepared by partner Clint Harding with the assistance of lawyer George Bassil.