Get a second opinion on the Income and Gains accumulating in Non Australian Controlled foreign Companies
Foreign trusts containing investment components.
The foreign investment funds (FIF) measures do not apply if a Double Tax Treaty exits to treat that person as a resident of both countries.
Foreign Accruals Systems
Designed to combat profit sheltering by foreign companies and trusts controlled by Australian Residents in low tax countries
Accrual Accounting verse Cash Accounting,