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Old 07-12-2010, 06:27 PM  
TheDoc
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Join Date: Jul 2001
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Quote:
Originally Posted by Sausage View Post
You don't have tax treaties with other countries? Here in Aus we have a ton of tax treaties and you only really pay tax on what you bring in .. with a few other rules.
At a personal level... not that I'm aware of or can think of. It's pretty cut and dry for us, pay no mater what, again with some mild changes for those that live off shore, but you still report either way.

At a business level, yes. However if you own the business and its offshore, you still have to report and depending on those treaties and tax levels you may still pay at a corporate level. But you do have plenty of stuff to take advantage of as a business.

America is kinda jacked like that... one of very few Countries that do this.
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