$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Residency And Taxation In Australia

tag 0 Download5 Pages / 1,160 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT


Discuss about the Residency and Taxation in Australia.



In the modern day, the effect of globalization has taken the world at a storm making it indeed a global village. There is a closer interplay of factors that determine conducting business activities on a global scale. One of these variables is taxation. While individual countries have their policies detailing the manner in which taxation can be imposed on foreign who have sought citizenship, Australia in particular has a very different approach to this. It therefore means that taxation and citizenship is a delicate part of foreign policy across all the countries in the world. The situation that Kit presents is one that mirrors dual citizenship although there is a generally overlapping of issues which makes it important for an in-depth analysis. The essay will undertake a very analytical perspective in putting across the view whether kit is a permanent resident of Australia or not and the general taxation purposes that can be derived from this establishment.

The issues of Residency

The most crucial determinant in establishing whether a foreign is a resident of another country is the nature of their behavior. This will cue in their investments, assets, family residence as well as their own residence which could be different. For case of Kit, first of all he is mentioned as a permanent resident of Australia which basically indicates that he stays the better part of his year or rather life in Australia. In general, his life revolves around Australia. Despite working for an Indonesian company, the basic part of it is that he has to go back to his residence (Passenger Movement Charge, 2010). Kit is more identified in Australia using the social constructs than any other country in which he has an association with, be it business or family. In essence, the first aspect that qualifies him to be Australian is as aforementioned, his permanent residence in Australia in that regard.

His parent nationality which is Chilean is only but ceremonial. He has established very minimal contact with it. More so, the fact that he spends most of his time in Australia indicates that he may as well go on without even attending to any issues that might crop up in Chile. In this regard, it is therefore very difficult to peg his nationality on Chile because generally, it is the country that an individual is able to undertake most of his holdings that will have a bigger bearing on their lives and this will also take a center stage when it comes to the determination of the international citizenship as well. However, Kit has some of his portfolio in Chile which also generates some income for him. In this case, he has to spend most of this income on the country the stays in which is Australia . While some of this can be spent in Chile, it is probable that he will always spend most of it in the country that he resides in which is Australia (Taylor & Transnam, 2016). Chile will only act as a production center or rather a foreign investment to Kit because of his general behavior regarding the handling of his business.

A key tenet of establishing citizenship is the location of the family at that particular time in point and whether the person stays with them or not. All this constitutes to the aspect of an individual behavior in view of his national identity or rather his citizenship in that matter. Kit qualifies as an Australian citizen because of the fact that he stays with his family in Australia (Federal Court of Australia, 2010). In fact they actually moved there fours before he ended up working for an Indonesian company. Kit has all of his family in Australia. Even so, it also indicates that Kit pays visits to his family when he is not committed because that explains the nature of their stay since Kit is away most of the time. In this regard, Kit’s wife has lived in Australia for four years and their two children which pretty much sums up the fact that Kit is an Australian citizen. Lastly, understanding his residency will also center on the aspect of property ownership; in this case, the fact that he even bought a house in Australia indicates that he has particularly established his citizenship as Australian rather than Chilean.


Taxation purposes

A number of factors act as guiding tools in the case study in order to understand the manner in which taxes can be imposed on Kit owing to his residency. As aforementioned, Kit’s behavior which is a key determinant of residency concludes that his residency is Australian and therefore he will be covered under the Australian law that spells out this taxation (Australian Tax Office, 2016). The following aspects qualifies him to be liable to have his salary and investment be under the Australian stipulations.

First, he has opened up a bank along with his wife in Australia. Presumably, his salary is paid through this bank; the Westpac Bank located in Australia. His earnings will therefore have to go through the Australian scrutiny along with his wife as well if she is working. Furthermore, since Kit has a permanent Australian residency as mentioned in the case study, it only means that his earnings in Chile have to stream into Australia where he lives. As mentioned earlier, Chile only plays a role of an investment location but the returns have to be redirected to Australia owing to the fact that this is his residency (Office of the State Revenue, 2015). More so, management of his returns is also likely to be conducted in Australia. It is even easier to conclude this because he has a bank account in Australia; the Westpac Bank.


In summary, the delicate nature of residency and taxation means that means that individuals have to bear the brunt of taxes in other countries which could end up different from those in their parent countries. Kit a Chilean by birth has a permanent residency which is proved by his family stay, his financial obligations due to his bank account in Australia, much of his stay there as well and most importantly his investments streaming into Australia as well as his salary payments. In particular, having is salary paid in an Australian Bank means that he is taxed by the Australian authorities.



Australia Tax Office (2016). Exempt foreign employment income, ATO. Retrieved from: 

Federal court of Australia (2010). Immigration and border protection: migration, practice and procedure. Retrieved from:

Office of the State Revenue (2015). Payroll Tax rates and thresholds. Queensland Treasury and Trade press.

Passenger Movement Charge (2013). Australia Customs and Border protection service, PMC . Retrieved from:

Taylor, J., & Tran-Nam, B. (2016). Interdisciplinary nature of taxation. eJournal of Tax Research, vol. 14 pp. 55-68.

Download Sample

Get 100% money back after download, simply upload your unique content* of similar no. of pages or more. We verify your content and once successfully verified 100% value credited to your wallet within 7 days.

Upload Unique Document

Document Under Evaluation

Get Credits into Your Wallet

*The content must not be available online or in our existing Database to qualify as unique.

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Residency And Taxation In Australia . Retrieved from

"Residency And Taxation In Australia ." My Assignment Help, 2018,

My Assignment Help (2018) Residency And Taxation In Australia [Online]. Available from:
[Accessed 12 July 2020].

My Assignment Help. 'Residency And Taxation In Australia ' (My Assignment Help, 2018) <> accessed 12 July 2020.

My Assignment Help. Residency And Taxation In Australia [Internet]. My Assignment Help. 2018 [cited 12 July 2020]. Available from:

At, we understand that when students get stuck with tough assignments, they look for affordable services. To assist students with complex assignments, we have built a team of skilled cheap essay writers. has become one stop solution for all students who often look for answers related to their search similar to do my essay at the cheap rate or who can write my essay at affordable prices. Students prefer hiring us as we have the best provisions to render services related to do my essay online at a reasonable rate.

Latest Finance Samples

BE314 Financial Modelling

Download : 0 | Pages : 10
  • Course Code: BE314
  • University: University Of Essex
  • Country: United Kingdom

Answers: Introduction One of the major responsibilities of the Agri-Food and Veterinary Authority of India is to supervise and coordinate the production of all the imported agricultural productions of India. Thus, the director of the company is interested to identify and analyse the issues that are related to the economy of rice. Nine major rice brands have been considered for the study. The brands of rice are stored in stores of New Delhi an...

Read More arrow

BAO5534 Business Finance

Download : 0 | Pages : 9
  • Course Code: BAO5534
  • University: Victoria University
  • Country: Australia

Answers: Introduction The managers of the entity are accountable for the conduct of the business operations in a manner that leads to the wealth maximization of the shareholders as well as the consideration of the interests of the other stakeholder groups within the business entity. Further to note, that business conduct within an organisation involves undertaking of varied strategic decisions in the areas of the operating, investing and fina...

Read More arrow Tags: Australia 34 Business finance Victoria University 

FIN 200 Business Finance And Group Assignment

Download : 0 | Pages : 9
  • Course Code: FIN 200
  • University: University Of Phoenix
  • Country: United States

Answer: 1.1 Depicting the monthly payment: Particulars Value Loan amount  $ 20,000,000 Tenure 120 Interest rate 0.67% Monthly payment  $ 242,655 1.2 Depicting how much is the first payment interest: Particulars Value Loan amount  $ 20,000,000 Interest rate 0.67% First payment is interest  $ ...

Read More arrow

HI5002: Finance For Business Analyse

Download : 0 | Pages : 7

Answer: Introduction  In this report, financial analysis of Lefroy exploration limited has been taken into consideration. There are several financial analysis tools that have been taken to analysis the performance of company such as ratio analysis, bottom up analysis and share price movement analysis. This financial analysis of Lefroy exploration limited will help in evaluating the business performance of company. It will help investors ...

Read More arrow

MAA250 Ethics And Financial Services Assessment

Download : 0 | Pages : 9
  • Course Code: MAA250
  • University: Deakin Business School
  • Country: Australia

Answer: Introduction: Directors and management contributes the man power into the bank and in return, they expect from the company monitory and non monetary items such as salary, incentive, bonus and sweat shares. Shareholders: Shareholders of CBA contribute the money and the funds in the organization for the operations and new projects of the company and in return, they expect dividends from the company. Dividends of shareholder depend on ...

Read More arrow Tags: Australia Murdoch Management University of New South Wales Humanities 

Save Time & improve Grade

Just share Requriment and get customize Solution.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

93 Order Completed

100% Response Time

Jackson Mitchell

MiM (Masters in Management) in Supply Chain Management

New Jersey, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

610 Order Completed

100% Response Time

Cheryl Zhao

PhD in Statistics

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1692 Order Completed

98% Response Time

Alfred Dodd

PhD in Computer and Information Science with specialization in Database

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

234 Order Completed

100% Response Time

Samantha Ji

PhD in Chemistry with Specialization in Organic

Singapore, Singapore

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

This is one class that I absolutely hate to do the discussion questions and assignments so this service has been the best thing every and my grades are always an A


User Id: 451554 - 11 Jul 2020


student rating student rating student rating student rating student rating

This has been such a great service and I wish I had used them last year and before this session. Makes my life much easier.


User Id: 451554 - 11 Jul 2020


student rating student rating student rating student rating student rating

Always fast turn around time and quality work. Wish I had used them the last two years.


User Id: 451554 - 11 Jul 2020


student rating student rating student rating student rating student rating

I am writing to inform you that I have received my grades for Human Growth & Development. They are as follows: Assignments 8 & 4 = 100%. Thank you for such professional services rendered! I am looking forward to a continued relationship in the futu...


User Id: 452606 - 11 Jul 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?