Gross Foreign income in company tax return label 8G

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18 Mar 2026

Hi,

I would like to clarify what is to be reported in Gross Foreign Income for 2025 company tax return.

We are an Australian company, selling goods made in Australia to Australian & overseas customers. Hence we have domestic & export sales. We have a subsidiary in the US, however, that company hasn't been making any income yet, it's more like a rep office.

So we reported to our tax accountant that Gross Foreign Income was Nil. However, they said we must report our export sales to overseas customers as Gross Foreign Income as the source of income was from overseas. My understanding is Gross Foreign Income must be "earned" from overseas through business income (e.g business activity of the overseas subsidiary) or others as in ATO website

https://www.ato.gov.au/tax-and-super-professionals/for-tax-professionals/prepare-and-lodge/tax-time/before-you-lodge/foreign-income

Export sales are income earned in Australia, not Foreign Income.

Can you please help to clarify what to be included in Gross Foreign Income? Should export sales included as Gross Foreign Income?

Thanks

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