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19 November 2020
I am a permanent resident in Australia. I recently received (after closing) my Indian superannuation amount in my Indian bank account. I want to transfer that money to my Australian bank account.
1) Will I need to pay tax in Australia on this money?
2) Do I need to declare this money in my tax returns in AU?
Thanks in advance!
Most helpful response
21 November 2020
@leosachs you need to declare the interest that you earnt from the time you became a resident here. You don't need to declare the bulk only the interest you earnt.
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