Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
14 Nov 2023

I was hoping you could assist me with a general question relating to tax obligations in Australia. Particularly, I'm interested if a person (being a tax resident of Australia) can be recognised a controlling person over Controlled Foreign Company if he\she owns a foreign investments fund (for instance, in Ukraine)?

322 views
1 replies
322 views
1 replies

Most helpful response

Most helpful replyATO Certified Response

WendyATO(Community Support)Community Support
ATO Certified Response15 Nov 2023

Hi @OleksandraZmaz,


If you check out our page about Attributed foreign income.


It does state an Australian resident can be a controlling person over a controlled foreign company.

All replies

Loading
do CFC rules apply to natural persons residents of Australia? And if yes, whether foreign investment | ATO Community