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  • Is there any foreign income not subject to Australian tax?

    If you are an Australian-resident company, certain types of foreign business income you receive might be non-assessable non-exempt income which means it is not subject to Australian tax . They include:

    • foreign profits and gains in carrying on business at or through a permanent establishment
    • dividend income you receive from a non-portfolio investment if you have at least a 10% voting interest in the payer company.
      Last modified: 28 Oct 2016QC 18452