Non resident companies means foreign owned companies registered and trading in Australia not overseas.
Section 99B is for the trusts trading in Australia and making distributions to non residents.
I guess you are getting confused between entities registered and trading in Australia compare to entities, which has no connections with Australia and Australian tax law cannot be applied on foreign entities with no connection with Australia.
Hope this clarifies.
- Forums
- ASX - General
- International gift
Non resident companies means foreign owned companies registered...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online