Taxation Uncertainty
p. 10 · Read in the full issue
In Papua
And New Guinea
THE Pacific Islands Monthly has asbtc the Australian Department of Taxi tion if it will, for the guidance € persons resident or interested in Papa and New Guinea, give a ruling in respiq of the following points:— (1) A resident of Papua-New Guineas: understood to be free from liability to pj Australian income tax. What is the o finition of a “resident of Papua-NM Guinea?” How much time may a persce customarily residing in Papua-NH Guinea, spend in Australia before losiie his status as a resident of the Ten* tories? (2) From the Taxation Commission©! viewpoint, is there any difference in ti status of a resident of Papua (old Ail tralian Territory) and New Guinea (Tm tee Territory)? (3) Is a person permanently Australia liable to pay taxation on an i come derived wholly from a property \ business owned by him in New Guinea s Papua? (4) If a permanent resident of Papq or New Guinea sells his produce direco' in Australia, is the part of his incoic thus derived from Australia liable 1 Australian income tax?
A good deal of uncertainty exists i regard to Australian taxation generals especially regarding questions (3) and 0