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Patrice recently returned to Australia after working in Singapore for seven years. On 1 January she gained her Australian tax residency. Her retirement savings accumulated
Patrice recently returned to Australia after working in Singapore for seven years. On 1 January she gained her Australian tax residency. Her retirement savings accumulated in a Singaporean fund at that time was $95,000. The transfer to Australia was finalised on 1 October and the balance had increased to $102,000. Patrice wants to transfer this final balance into her Australian superannuation fund.
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The tax implications for transferring retirement savings from a foreign fund to an Australian superannuation fund can vary based on several factors in...
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Introduction To Federal Income Taxation In Canada
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
33rd Edition
1554965020, 978-1554965021
