Foreign company taxation

[MaxwellSmart]

Hi all,

This may be simple to some, but, I need some clarification.

"Suppose" I were to be a director of a company based offshore...

My foreign based company invests in Australian property & shares.

1. Would I pay company tax on profits according to the Australian rate or the rate of wherever the company is based?

2. If the country where I propose my company to be based, does not have any capital gains taxes, would my foreign company be exempt from Australian CGT?

Thank you. I appreciate your help.

 

[MaxwellSmart]

This can be closed. Mr Google has helped me.

I found out that Singapore and Australia have a double tax treaty.

It appears to me that:

1. All property income within Australia will be taxed at the Australian company rate.

2. Same as above.

Cheers.