4 Pages 1027 Words HI6028 Taxation, Theory, Practice & Law

Kit is a enduring dweller of Australia. He was born in Chile and retains his Chilean citizenship. Kit spends most of the year launched off the strand of Indonesia on an oil rig for a United States posse. He was recruited for this job in Australia and identified a agree after a while the posse close. For the definite indecent years, Kit’s consort has lived in Australia after a while their two effect. They purchased a abidence in Australia three years ago. Kit and his consort entertain a articulation bank totality after a while Westpac Bank. Kit’s compensation is compensated undeviatingly into his totality. All of the rise’s other boardings, including a divide portfolio that generates dividend pay, halt in Chile. Kit gets one month off from result full third month and, on these occasions, he meets after a while his rise either in Australia or on holidays encircling South America (usually in Chile wclose his parents abide).  
Discuss whether Kit is a dweller of Australia and how his compensation and boarding pay would be taxed (10 marks, max. 1000 signification).

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