πŸ‡¦πŸ‡Ί Australia

Oceania
0 residency programs
Residence-based taxation
Sydney, Australia
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Countries / Australia

Known for

Fact Sheet

Continent

Oceania

Demonym

Australian

Calling code

+61

Driving side

Left
Population
23,401,892
Human development index
0.94
Life expectancy
82 years
Gini index
30.50
Unemployment rate
6%
Inflation rate
2.1%
Fertility rate
1.9

Cost of Life

Cost of Living Index
73.54
Rent Index
34.86
Groceries Index
67.23
Restaurant Price Index
70.32
Local Purchasing Power Index
107.31

Taxation overview

Tax system

Residence-based taxation

Countries with a residence-based taxation levy tax from your worldwide income for as long as you're a tax resident of that country. This is the most common taxation system.

Tax residence definition varies from country to country. General rule is you're a tax resident of a country if you spend 183 days or more in it in a year.

Tax Treaties (7)

Australia has concluded 7 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Note: the list below may not be exhaustive.
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