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Foreign estate subject to Australian tax
Do you know the whole of the foreign estate becomes subject to Australian tax if the executor of the estate is an Australian resident?
This disastrous result happens even if no assets in the estate has connection with Australia. It is important to consider the choice of the Executor in the context of estate planning.
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The material and contents provided on this website and in our print, email or downloadable publications are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained. Liability limited by a scheme approved under Professional Standard Legislation.
The material and contents provided on this website and in our print, email or downloadable publications are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained. Liability limited by a scheme approved under Professional Standard Legislation.
