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What Is Deemed Disposal and How Does It Affect Australian Expats?

March 2021

what is deemed disposal

What Is Deemed Disposal and How Does It Affect Australian Expats?

What Is Deemed Disposal and How Does It Affect Australian Expats? – today we wanted to talk about what is deemed disposal and no, it doesn’t have anything to do with taking out the rubbish. Deemed disposal applies to the asset class, non-taxable Australian property (NTAP). These type of assets include direct shares, exchange traded …

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what is a PFIC

What Is A Passive Foreign Investment Company or PFIC?

What Is A Passive Foreign Investment Company Otherwise Known As A PFIC? – It’s only specific for U.S. citizens residing in Australia, dual nationals of U.S. and Australia, as well as Australian expats residing in the U.S. A Passive Foreign Investment Company, or PFIC, as the definition states in the IRS’s tax code, is any …

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Australian expat property debt

Australian Expat Property Tips | Chapter 1 – Paying Down Debt

Australian Expat Property Tips | Chapter 1 – Paying Down Debt – property makes up a large component of the average Australians wealth building strategies and the same could be said for Australian expats however how you manage your debt on the property as an expat could not be more different. As an Australian tax …

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