Shane, an 18-year-old unmarried Australian basketball player, accepted an 18-month contract to play in the United States of America for AUD$4 million dollars. The contract commenced on 1 January 2015. Shane has a sister in the United States and he decided he would stay with his sister at least for the first year. Shane dealt with his Australian assets in the following manner; he sold his motorcycle, leased his unit in Sydney for 12 months and closed his bank account after transferring the money to the United States. His parents and brother remained in Australia. He was not sure how long he would stay away. He was hoping to get another contract at the expiration of the original one. However, he would not know whether he could do this until his original contract had expired. Nevertheless, he had the ultimate intention of returning to Australia. Unfortunately, he had a car accident in the United States on 30 December 2015. As a result of the accident his shoulder was badly damaged and his basketball career was over. His contract was terminated soon after. He returned to Australia on 4 April 2016. Required: a) Advise Shane whether or not he is an Australian resident for the income tax years ended 30 June 2015 and 2016. b) Advise Shane of the source of the income he derived during the above period. Question 3 Astro Limited is incorporated in Vanuatu (a tax haven in the Pacific Ocean). Its board of directors meets once a year in Vanuatu. All the shares in Astro Limited are held by Bat Limited, a company incorporated in the United States of America. The Chief Executive Officer (CEO) of Astro Limited resides in Sydney and makes most of the major decisions for the company from his office in Sydney as he has a special arrangement with the directors of Astro Limited whereby he can override any decision they make. The shareholders of Bat Limited are not residents of Australia. Astro's only trading activities are carried out in the United States. The CEO is the only presence Astro Limited has in Australia. Bat Limited has no presence in Australia. All the above events relate to the year ended 30 June 2016. Required: Advise Astro Limited on its residency status for Australian income taxation purposes for the year ended 30 June 2016