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Success in Tax Residency dispute with private ruling
Background: Mr. Wang was a new permanent resident in Australia. His previous accountant advised him to pay $100,000+ tax bill for his overseas income, due to his tax residency status.
How we went: After reviewing Mr. Wang's case, the experienced tax specialist at Wise Choice Partners planned and filed for the tax residency dispute with private ruling with ATO. As a result, The team not only successfully had the tax bill waived but also secured a favorable ATO private ruling in writing. To avoid future potential disputes, we examined and implemented a holistic tax structure for Mr Wang's global assets and cash flow. Mr. Wang was very satisfied with the outcome.