Hi,
Does anyone have any experience with non-resident tax liable on International Funds or ETFs that are listed on the ASX? If it is listed on the ASX is it automatically classed as Australian Sourced Income?
I work as a expat, so have been non-resident for tax purposes for several years.
I'm looking at investment options where I can minimize the tax paid on dividend/returns. So looking at ASX listed ETFs such as Vanguard VIF and VGS or Ishares IHHY that largely invest in International Bonds/Shares. If these are classed as non-Australian Sourced Income than I may be able exempt of paying tax?
Or will I need to move to a Interactive Brokers type account where the account reside overseas?
Thanks.
Does anyone have any experience with non-resident tax liable on International Funds or ETFs that are listed on the ASX? If it is listed on the ASX is it automatically classed as Australian Sourced Income?
I work as a expat, so have been non-resident for tax purposes for several years.
I'm looking at investment options where I can minimize the tax paid on dividend/returns. So looking at ASX listed ETFs such as Vanguard VIF and VGS or Ishares IHHY that largely invest in International Bonds/Shares. If these are classed as non-Australian Sourced Income than I may be able exempt of paying tax?
Or will I need to move to a Interactive Brokers type account where the account reside overseas?
Thanks.
