Questions tagged [overseas]

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ethan_lewis_journalist ethan_lewis_journalist Tue Jun 11 2024 | 5 answers 1317

Do you pay tax on inheritance money from overseas in Australia?

Excuse me, could you clarify something for me? In Australia, am I required to pay taxes on any inheritance money that I receive from overseas? I'm a bit confused about the tax regulations in this matter. If there is a tax liability, how is it calculated and what is the general process for declaring and paying these taxes? I'd appreciate it if you could provide some insight into this matter.

Do you pay tax on inheritance money from overseas in Australia?
charlotte_anderson_explorer charlotte_anderson_explorer Mon Jun 10 2024 | 5 answers 1177

Can I transfer money from overseas to an Australian bank account?

Could you please clarify for me? I'm wondering if it's possible for me to transfer funds from a foreign bank account to an Australian one. I'm interested in understanding the process and any potential obstacles that might arise. Would I need to go through any specific channels or comply with certain regulations? Additionally, are there any fees or charges associated with such a transfer, and how long does it typically take for the funds to arrive in the Australian account? I appreciate your assistance in addressing these concerns.

Can I transfer money from overseas to an Australian bank account?
Isabella Isabella Mon Jun 10 2024 | 7 answers 1364

How much money can I receive as a gift from overseas?

Could you please clarify for me the regulations surrounding receiving gifts from overseas? I'm interested in understanding how much money can be gifted to me without any legal implications. Could you elaborate on any potential tax obligations or reporting requirements that might be associated with receiving such gifts? Additionally, are there any limits on the amount of money that can be received as a gift from overseas? It would be helpful if you could provide a detailed explanation of these matters. Thank you for your assistance.

How much money can I receive as a gift from overseas?
Arianna Arianna Sun Jun 09 2024 | 7 answers 1389

Do I have to pay Australian tax if I live overseas?|Australian resident going overseas . If you're unsure of your tax situation, see Your tax residency. If you work while living overseas, you must declare: all your foreign employment income.You'll need to still lodge an Australian tax return if you remain an Australian resident

I'm curious about the tax obligations for Australian residents living overseas. Do I need to pay Australian taxes even if I'm residing in another country? And what happens if I work overseas? Am I required to declare all my foreign employment income? I'm trying to understand my tax residency status but it's quite confusing. If I'm still considered an Australian resident, does that mean I have to lodge an Australian tax return even while living abroad? Could you please clarify these points for me?

Do I have to pay Australian tax if I live overseas?|Australian resident going overseas . If you're unsure of your tax situation, see Your tax residency. If you work while living overseas, you must declare: all your foreign employment income.You'll need to still lodge an Australian tax return if you remain an Australian resident
CryptoChampion CryptoChampion Sat Mar 30 2024 | 6 answers 1577

How much money can I legally send overseas from UK?

Good afternoon, I am a UK resident and I am wondering about the regulations regarding sending money overseas. Specifically, I am interested in knowing how much money I am legally allowed to send abroad from the UK. Could you please provide me with some information on this matter? I understand that there might be certain limits or restrictions based on the recipient's country or the purpose of the transfer. Could you also clarify if there are any taxes or fees associated with sending money overseas? Thank you very much for your time and assistance.

How much money can I legally send overseas from UK?

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