ato logo
Search Suggestion:

Overseas assessed method

Last updated 19 June 2017

Completing this section

Foreign assessment year

Select your overseas tax assessment's income year.

If the overseas income year is from 1 January to 31 December, select the relevant calendar year. If the overseas income year covers 12 months over two calendar years, select the later year. For example, for the 2016–17 income year, select 2017.

Foreign tax country or jurisdiction

In most cases, the foreign tax country, or tax jurisdiction, will be the same country as your country of residence. However, if you live in a country that is different to the country that made the assessment, please ensure you select the country that made the overseas assessment.

TFN equivalent in the relevant tax jurisdiction

Each tax jurisdiction uses an identifier for their taxpayers, whether it is an identity number to access all government services, or an identifier specific to that nation's revenue agency. You need to include the identifier.

Net amount of income for the income year on the foreign tax assessment

Enter the income amount that appears on your foreign income tax assessment. That is, your income for taxation purposes according to the tax assessment you received from a taxation authority of the foreign country that made the assessment.

All amounts must be converted to Australian dollars before being reported, using the average annual exchange rate for the financial year most closely corresponding to the 2016–17 income year. For assistance converting your currency, you can use the foreign income conversion calculatorThis link opens in a new window.

QC51759