Can anyone advise how a defined benefit from MilitarySuper (CSC) will be taxed in a country with a Double Tax Agreement?
I am reaching my preservation age soon and am planning to retire in Spain which has a DTA with Australia. I plan to take my employer benefit as a pension indexed at CPI.
The determining factor seems to be whether the pension is considered a “government pension” or a “superannuation income stream.”
The DTA and some Spanish accounting websites I’ve read state that Government pensions / pensions paid by former government employees are generally not assessable in Spain. But it seems that this differs country to country. Appreciate the advice!