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han020573 发表于 2014-10-13 14:46 
That is for individual. Does that apply to company as well? Pleaes kindly advise.
In this case, i ...
The WHT regime applies to both individual and corporate. They are the same. When an amount of interest, unfranked dividends or royalties is paid to a non-resident, the taxpayer is required to deduct WHT under PAYG system and the tax is required to be remitted to the ATO.
Under the Australian domestic law, the rates of tax deducted from payments are interest (10%), unfranked dividend (30%) and royalties (30%). However if the country of residence of non-resident has a double tax agreement with Australia, then these rates may be replaced.
You are saying that your company has lots of WHT calculation for cross border finance, meaning interest payments to non-resident? If this is the case, then WHT will apply. |
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