Short Term Trading Weekend Lounge: 17-19 Nov, page-126

  1. 13,097 Posts.
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    The end conclusion i've come to is that earning decent trading income always results in paying a lot of tax; even with a DT/bucket setup and PL to legally bear some living expenses etc. Would be different perhaps with two teenage kids 18 or older, who are studying but mine are two and four.

    The CFC rules pretty much make it a dead end for the foreign company side of things, as the ATO will treat even trading income as "tainted" and tax it on an accrual basis.

    Seems attaining non-resident status is the only real silver bullet where tax becomes a non-issue but this requires at least 180 days a year abroad, in a jurisdiction where a DTA doesn't impose tax.
 
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