working overseas with oz smsf ?, page-6

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    Also note if you are a declared non resident, you will pay tax on all bank interest at a flat rate of 10%. The banks will automatically deduct this. All shares owned personally by you will be considered to be sold at the price of the day you became a non resident. It may take about 2 years before you can satisfy the non residency test, up until then I dont know whether you can continue to act as a trustee or not.
 
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