Australia’s new Tax Residency Laws – How will it affect You?

Following an announcement in the 2021/22 Federal Budget, major changes to Australian tax residence rules for individuals may take effect from as early as 1 July 2023.

• How will these changes affect you?
• What is the so-called ‘bright line’ test?
• How can high earners benefit from changes to the tax system?
• What is the minimum time you must hold for investments to qualify?

These and other questions were addressed at an event hosted by AusCham, in collaboration with AusCham’s corporate members, Majenda and Skybound Wealth Management. Using a number of real life case studies, the presenters, Geoff Taylor and Ryan Donaldson, explained how the proposed changes may impact Australian expats and what strategies they can utilise to minimise their overall tax position.

For individuals that intend to remain in Switzerland for the long term or for those who intend to return to Australia to continue their careers or retire, the presentations and discussions were invaluable.

In collaboration with:

Venue sponsor: