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Gregory50(Newbie)Newbie
26 Nov 2024

As a non resident living in South Africa (which has a double tax treaty with Australia), do i pay tax on ASX share trading profits in South Africa or Australia?

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130 views
1 replies

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Most helpful reply

AriATO(Community Support)Community Support
2 Dec 2024

Hi @Gregory50


If you're not a tax resident you'll only declare income that has an Australian-source.


When you say ASX share trading profits, can you provide some more info about how this looks so we have a better understanding?


If you were an investor and if your profits were capital gains, then you wouldn't need to declare that income here. Check out your residency status and CGT.

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Most helpful reply

AriATO(Community Support)Community Support
2 Dec 2024

Hi @Gregory50


If you're not a tax resident you'll only declare income that has an Australian-source.


When you say ASX share trading profits, can you provide some more info about how this looks so we have a better understanding?


If you were an investor and if your profits were capital gains, then you wouldn't need to declare that income here. Check out your residency status and CGT.

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Non resident tax liability on ASX share trading profits | ATO Community