A-Z index

Foreign income

Doing business overseas - what you need to know
Outlines your tax obligations in Australia if you are an Australian resident doing business overseas.
Foreign income
If you are an Australian resident for tax purposes, you are taxed on your worldwide income, so you must declare any foreign income as well as Australian-source income on your tax return. If you are not an Australian resident for tax purposes, you generally don't need to declare income you receive from outside Australia in your Australian tax return.