Hi All
Looking for some help here. ATO Forums and Tax advisors are not giving the right answer or maybe they are busy
Even got a paid consultation but getting contradicting answer
I am on 482 TSS Visa - Co.Founder of a US HQ Startup with Subs in AUS. Looking to sell some shares. It comes to Capital Gains, but looking at ATO data, Resident Tax payers dont need to pay LTCG tax - So I am thinking, should I bring the Money to India or can I bring it to Australia, if so then what Tax are we looking to pay ? Is it LTCG or Income tax rate applies.
Any guidance from someone pls
Thanks
Vijay
Looking for some help here. ATO Forums and Tax advisors are not giving the right answer or maybe they are busy
Even got a paid consultation but getting contradicting answer
I am on 482 TSS Visa - Co.Founder of a US HQ Startup with Subs in AUS. Looking to sell some shares. It comes to Capital Gains, but looking at ATO data, Resident Tax payers dont need to pay LTCG tax - So I am thinking, should I bring the Money to India or can I bring it to Australia, if so then what Tax are we looking to pay ? Is it LTCG or Income tax rate applies.
Any guidance from someone pls
Thanks
Vijay
