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Dividend Payments Clarification, page-3

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    Depends on the amount of foreign income. The ATO gives you a tax credit up to at least $1000 on foreign incme which you can use to offset your tax so that you are not double taxed. Research the ATO website.

    https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/tax-offsets/claiming-a-foreign-income-tax-offset
    Last edited by rvajna: 05/01/24
 
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