I used to be an international student but recently graduated. I have a number of investments in Australia - managed funds, trading account (etrade), online savings account.
I recently liquidated my managed funds account resulting in a capital gain and also consolidated all my funds into an account linked with etrade. What I want to do now is to engage in active trading with etrade not investing in shares and receiving passive income (dividends).
In other words, my assessable income would be the Capital Gains from the buying/selling of shares.
My question is - now that I am no longer a resident of Australia (living in my home country), can I still legally engage in share trading?
I have an active bank account in Australia, an address in Australia for all my correspondences and a TFN.
My home country has no income tax and no tax treaty with Australia
I recently liquidated my managed funds account resulting in a capital gain and also consolidated all my funds into an account linked with etrade. What I want to do now is to engage in active trading with etrade not investing in shares and receiving passive income (dividends).
In other words, my assessable income would be the Capital Gains from the buying/selling of shares.
My question is - now that I am no longer a resident of Australia (living in my home country), can I still legally engage in share trading?
I have an active bank account in Australia, an address in Australia for all my correspondences and a TFN.
My home country has no income tax and no tax treaty with Australia