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Edited version of private advice
Authorisation Number: 4120082643866
Date of advice: 26 May 2020
Ruling
Subject: Australian pension
Question and answer
Is your Australian pension assessable to you while you are a foreign resident?
No.
Having considered your circumstances, it is agreed that your Australian pension is not assessable while you are a foreign resident.
This ruling applies for the following periods:
Year ending 30 June 2021
Year ending 30 June 2022
Year ending 30 June 2023
Year ending 30 June 2024
The scheme commenced on
1 July 2020
Relevant facts
You reside in country Y.
You are over 60 years of age.
You receive Australian pension income.
You are a foreign resident for tax purposes.
Relevant legislative provisions
Income Tax Assessment Act 1997 Section 6-5
International Tax Agreements Act 1953