Is gold bullion taxable upon entry in Australia?

Question

 · Accepted Answer

RenATO · Answer

The question regarding how much gold bullion you can bring into Australia and if there will be any customs duty to pay, would be something that you will need to take up with Australian Border Force (https://www.abf.gov.au/). It will all depend on the type of VISA you hold and your residency status as to whether or not you can trade the bullion. Once you know what type of VISA you are entitled to then, you will need to determine if you are eligible to apply for an Australian Business Number (https://www.abr.gov.au/business-super-funds-charities/applying-abn) (ABN) to trade and you can have a look at our tax rates to determine which tax rates may apply to you.

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