Folks,
Absolutely correct advice from AirTrafficOne, this is an area where getting it wrong can be horrendously expensive.
A late good friend of mine was bankrupted by the ATO, because he did not order his affairs to best advantage, and the back tax and penalties were a personal disaster.
I have close relatives who are accounting professionals with extensive experience in the area ---- and having been an expat, at a time of upheavals in the Australian tax treatment of expat "residents for tax purposes" ---- I have some personal experience ---- pay for the best advice available, it will be a cheap investment in the long run, so that you can enjoy your expat experience without any nagging qualms about what happens when you get back to AU.
Tootle pip!!
Last edited by LeadSled; 10th Jun 2012 at 02:58.