otherwise, there will be 46.5% withholding tax taken from the interest earned in this account, though you can claim them back in your tax return later.
Australia banks are required to report overseas cash transactions over AUD$10,000 to AUSTRAC for detecting tax evasion.
Australia taxes global income earned by australian resident for tax purpose. You are surposed to pay tax to ATO on this income even the fund stays in China.
入澳籍多年? How much risk you want to take?
Australia banks are required to report overseas cash transactions over AUD$10,000 to AUSTRAC for detecting tax evasion.
Australia taxes global income earned by australian resident for tax purpose. You are surposed to pay tax to ATO on this income even the fund stays in China.
入澳籍多年? How much risk you want to take?
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