Private ruling: Foreign Employment Income
Date of advice: 17 September 2018
Published: October 2018
Ruling period: Year ending 30 June 2020
Date scheme commenced: 1 July 2018

Ruling: Q1: Is the foreign employment income you derive from working overseas exempt income? | A1: Yes. It is accepted that you meet the revenant criteria identified at subsection 23AG(1) of the Income Tax Assessment Act 1936 , and the income referable to your foreign employment is exempt from income tax in Australia. Further information can be found by searching 'QC 16739' on ato.gov.au

Relevant facts and circumstances: You are an Australian resident for income tax purposes. You are posted overseas under a project. Your deployment is from Month A 20XX until Month B 20XX, which is a period of more than 91 days. The project is a Department of Foreign Affairs and Trade (DFAT) funded initiative with your employer as the managing contractor.

Relevant legislative provisions: Income Tax Assessment Act 1936 Subsection 23AG