Hi Jazzmox,
How I did it was: had aussie on line trading account so all was in AUD. Used accountant when I was living os and was non-aust resident, and paid tax as foreign investment. But you can still live o/s & have australian residency status so tax is as usual.
cheers
Subject re: trading while overseas
Posted 08/02/06 15:13 - 1 reads
Posted by jazzmox
IP 203.206.xxx.xxx
Post #248331 - in reply to msg. 248328 - splitview
"Let me get this straight. If you live overseas and trade using the Internet you'll still make profit in Aussie dollars. How does tax work out?
I have been toying with the idea of living in a place like Bangkok and trading. So cheap and if earning money in dollars you can live like a king. Just take the money out via any ATM"
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