A Draft Ruling is due to be issued in September which seeks to clarify the residency tests for individuals after a decision of the Full Federal Court threw doubt on some aspects of the ATO’s interpretation of the domicile test. In short, the Full Federal Court found that “place” of abode can also refers to a town or country, rather than the narrow view of a particular apartment or a specific resid ence. The ATO noted in addition to issuing the Draft Ruling, it will also be consolidating and updating various residency rulings.
Click to read our article: Individual residency: upcoming changes. (1.0 MB PDF)