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International Tax Help?


My partner and me are living in Australia now. We are planning to leave Australia permanently to live in Malaysia. Are we allowed to keep our existing investments (shares) in Australia? How do we pay tax and at what rate? How about Capital Gain Tax when we dispose of the shares? What rate should we be paying and can we still use the discount method? And how about our Superannuation? Can we withdraw the fund now or do we have to wait until we are 60 years of age. We would really appreciate your help on our questions.

Are you domiciled in Oz?
If so, when you leave you must remain out of the country for five clear tax years before any Oz held investments which you sell are clear of CGT.
You will pay CGT on the sale if you are ordinarily resident in Malaysia at Malaysian tax rates (if they have CGT there).
You don't have to sell the shares just because you leave Oz.
Superannuation funds can't be withdrawn, you can only claim the pension when it matures.

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