Declaration Form for Australian Residency Status for Tax Purposes
Please be informed that all assessment income earned in Australia is subject to taxation. This includes income from corporate actions such as dividends. The amount of tax to be withheld depends on whether the recipient is a resident/non resident of Australia or in the case of non-resident, if the country has a treaty with Australia. In this aspect, customer is required to make a one-time declaration on their Australian Residency Status and hence the tax rates applicable to him.
Clients who wish to trade in Australia Exchange is required to sign and submit the original Declaration Form to OCBC Securities Pte Ltd before commencement of trading.
For more details on the rules and guidelines on Australian Residency for Tax Purposes, you may visit the Australian Taxation Office website at http://www.ato.gov.au.
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