This presentation considers the impact of the new migration law and regulation amendments on tax advice and business structuring options for migrants after the legislative changes on 1 March 2003.
Issues considered include:
- is the grant of permanent entry into Australia an indefinite right?
- when is a migrant considered a resident for Australian tax purposes?
- Have the immigration law amendments changed tax residency considerations for new migrants?
- Which business structures are acceptable and which are not?
- Are the exempt FBT benefits still available to the new provisional visa holders?
- Salary packaging of "Living Away from Home Allowances" under the new rules.