The era of tax free havens is over.
Cards linked to accounts in these 33 (or so) countries raise "red flags" when the account is accessed from Aus.
The ATO announced in 2005 (or 6 I cant remember) that this was their latest target - its on their site cant be f**ked linking it.
I have worked offshore O&G for 12 years the last 6 in Africa.
Write this down.
23AG is your friend.
A few pre reqs.
Be an employee.
Your company pays local tax on your behalf (most often considerably less than Aussie tax)
Earn one day off as REST AND RECREATION LEAVE for every day spent in a country that doesn't have a dual tax agreement with Oz.
Spend 90days outside the country.
Now the kicker is that if you do 30days, earn 30 off, then do another 30 days on IT COUNTS as a solid block - you are tax free. All 100% legal
It took me nearly 8 years to find out this info - lesson learned you get what you pay for with accountants.
big_harold



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