| International
Australia is now an integral part of the
increasing global trade and investment trend.
Undertaking an expansion internationally
or coming to Australia to do business brings
about special challenges of dealing with
complex cross border taxation issues, local
indirect taxes, banking and financing, corporate
regulations and business practices and even
employing people. Appropriate tax planning
at an early stage and ongoing tax management
can add significant value to the long-term
wealth creation and cashflows achieved from
international expansion.
At Nexia ASR, we have the experience and
focus that can add value to your business
if you are undertaking outbound transactions
or expansion, assisting foreign businesses
establish operations in Australia or the
process of employee relocations.
Through our Nexia International network
we are able to draw on not only our r own
experience of the local environment but
also that of over 300 firms spread over
95 countries.
For both Outbound and Inbound businesses
we can add value by helping achieve your
expansion objectives in a tax efficient
manner through our understanding of
- transfer pricing guidelines,
- profit attribution and remission rules
- debt/equity rules
- capital gains taxes ; and
- by management of your global tax rates.
We assist many inbound businesses with
all their compliance & accounting, including
complete outsourcing of the Financial
Administration function both during
the initial development stages and also
on an ongoing basis.
Our international tax specialist team focus
on the impact of “inbound” and
“outbound” expatriate
movements with both an employer focus and
an employee/individual focus.
With outbound employers the
objective is to develop an expatriate policy
consistent with the employer's commercial
limitations, and that takes best advantage
of available concessions to minimise the
costs associated with an expatriate assignment.
This can include assistance in the initial
establishment of expatriate policies and
procedures and then the ongoing review to
accommodate changes in law and practice.
In conjunction with our Nexia International
affiliates, we can then assist you in the
implementation and management of tax protection
or tax equalisation programmes.
For inbound employers,
we advise on the tax and welfare system
and reporting and withholding aspects of
Australian residency for expatriate assignments
and with our Financial
Administration team we can assist with
establishing an Australian "presence",
providing independent pay-roll services
for expatriate employees in Australia and
advise and assist with other reporting,
superannuation and withholding requirements.
For Employees/individuals
we add value with advice on:-
- employment contracts and remuneration
arrangements to ensure they are structured
tax-efficiently to minimise the after-tax
costs of assignments
- planning opportunities available for
compulsory superannuation contributions
required by employers or Medicare Levy
and social security systems exemptions
- reviewing asset arrangements and restructuring
where appropriate to minimise any adverse
tax obligations arsing from a change in
residency status
We also provide a comprehensive Taxation
Compliance service for expatriates and
inpatriates – preparing and Australian
income tax returns, and generally liasing
with tax authorities on behalf of the employee/individual.
Our presence in over 100 countries via Nexia
International means we can co-ordinate for
the foreign country tax compliance obligations
to be met.
Through our Property Services we are able
to assist with relocation (house finding,
goods trans-shipment, etc.).
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