Extended stay in Australia during COVID-19 could impact tax residency and income source
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The ATO has released guidance on the implications of changes to tax residency and source of income for individuals impacted by COVID-19.
Individuals may need to review their residency status for tax purposes if they end up staying in Australia for a lengthy period and do not plan to return to their country of residency when able to do so.
From CAP TAX News – 06 August 2020 / Edition 30s