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Foreign Resident Crypto

Newbie

Views 517

Replies 1

Hi, I used to be a temporary resident in Australia and opened a bank account with my foreign residential address. I have also went back multiple times only as a visitor.

I keep some money in my Australian bank account and transfer it to my home country bank account and vice versa by converting it to a cryptocurrency in between. I save on fees and a lot of time that way. How do I go about with Australian tax laws?
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Most helpful response

Champion

Replies 0

Hey @kvng not an easy one to answer. If you are non-resident the bank should be withholding tax from your account. 

1 REPLY 1

Most helpful response

Champion

Replies 0

Hey @kvng not an easy one to answer. If you are non-resident the bank should be withholding tax from your account.