Jake Jackson is a 21 year old aspiring performing artist. Jake graduated from a Bachelor of Musical Theatre at Griffith University (as a Commonwealth Supported Student) in September 2021. In the 2021-22 tax year, Jake carries out a variety of activities to earn income including bartending at Savile Row Cocktail Bar, dance instructor and choreographer at various dance schools in the Brisbane metropolitan area and a member of the ensemble in Hamilton the Musical Sydney season. Some of Jakes personal information includes; - She lives with her partner Ethan at 2/65 Pembroke Road Coorparoo. Ethan and Jake purchased the property in 2021. Jakes parents gave her a graduation gift of $50,000 which she used as a deposit for the purchase of the property. Ethan and Jake own the property equally. - Jake has a transaction account with AMP where her income is transferred from her employers and customers. - Jake owns shares with Ballet Makers Inc. and Calvin Klein Ltd - Jake receives royalty income from a book that she wrote Brisbane to Bolshoi a little girls dream. The book is published in Australia. - Jake owns a rental property at 3/160 Brisbane Road Ipswich. - Jakes parents and brother all live in Brisbane. - Jake was born in Brisbane at Sunnybank Private Hospital. Hamilton the Musical (on Broadway), offers Jake a role in there ensemble from 1 January 2023 to 31 December 2025. If Jake accepts the job offer, she is uncertain what the tax consequences would be for her income from Hamilton (Broadway) and her other investment income. Jake has been told by her friends that it would be best if she was considered a foreign resident for tax purposes while she was overseas. Jake comes to you for advice on what she should do to be classed as a foreign resident and to understand why it is important for her tax residency status to be determined as foreign resident

Required:

In a file note document, you should demonstrate your tax law research and the relevance of the law to Jakes situation. You should use the information you know about Jake already and discuss what actions Jake could take to be considered a foreign resident. You should discuss actions to be taken both in Australia and overseas. An easy way of achieving this is to structure your file note in ILAC format. You should ensure that you justify your research and application by referencing relevant case law, legislation and tax rulings. what actions she should take to be considered as an Australian foreign resident for tax purposes if she decides to accept the position with Hamilton the Musical (Broadway). From the information provided, you should also advise how each of her receipts would be treated if she is considered as a foreign resident. You should discuss the following;

- Any income received from Ballet Makers Inc. or Calvin Klein Ltd.

- Any royalty income received from the sale of her book

- Employment income

- Rental income