Settlement Guide: Australians investing overseas

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A surprising number of Australians are receiving income from overseas. An Australian Taxation Office (ATO) analysis of 13 million tax returns from 2014 reveals around five per cent of Australian tax payers are earning money from investments in other countries. The real figure, however, could be much higher, says Christian Schoener, Director of Sydney accountancy firm CGSA, which specialises in international tax. He says owning property or investment overseas is a trend that has grown steadily over the past two decades.

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