This on-demand session is available to watch instantly after purchase at the time of your choosing and will expire within 12 Months of purchase.
Date recorded: November 2022
In October 2022 the ATO issued Draft Taxation Ruling TR 2022/D2 setting out when an individual will be regarded as a resident or non-resident for Australian tax purposes.
Topic Covered:
The session will explain the key features of the current residency rules that apply to individuals for Australian tax purposes as set out in the recent ATO Draft Ruling TR 2022/D2 and will address the four tests that currently apply in descending order of priority in determining the residency of such an individual, and provides examples as to when each test may potentially apply.
Benefits and Learning Outcomes:
Attendees will be equipped with the ability to practically apply these tests and to understand the differing tax ramifications that arise where an individual is treated as a resident or non-resident for Australian tax purposes.
Recommended for:
Public practitioners and their staff so that they can identify when an individual is likely to be regarded as a resident or non-resident for Australian tax purposes taking into account the ATO’s recently updated guidance set out in Draft Taxation Ruling TR 2022/D2.
Meet your Speaker - Mark Morris:
Mark is the Principal of Morris and Associates which is a consulting firm advising a diverse range of public companies, private family groups and practitioners on complex tax matters including business structuring, mergers and acquisitions, employment taxes and succession planning. He has over 38 years’ experience in the tax profession having held senior roles in chartered accounting, commerce and academia. He is also a member of the Tax Practitioners Digital Implementation Group, FBT Working Group and the Tax Practitioners Stewardship Group.
Mark is also a regular speaker and author on tax matters. Mark is a registered tax agent, a public practitioner and has been admitted to practice as a solicitor in Victoria.
