Comments by "Matthew Nirenberg" (@matthewnirenberg) on "Here’s PROOF Australia’s Taxes are Going Wild" video.

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  11. You're kidding yourself if you think that Australia wouldn't happily double tax people. Australia would! They're actively getting rid of DTA's, increasing taxes, bringing in new taxes, levies, making it harder to leave the tax system, starting to use their deeming laws to demand more taxes. As for citizenship based - that's purely down to choosing to do that. Heck they already double tax us when buying fuel - GST is charged on the amount including fuel excise, its supposed to be on the amount before fuel excise gets added - even though this is illegal (to tax a tax) the govt don't care as they make more money. As I currently understand it, if you move to a 0-tax country (St. Kitts and Nevis) genuinely and live there full time you should be fine. The problem now arises in that if you're an Australian citizen, the govt get to decide if you've spent enough time in the country you claim your tax resident of (in this example St. Kitts and Nevis) so if they check the international passport system and find that you've spent 3 months in Europe and one month in the UK, they'll say you haven't lived enough in St. Kitts and Nevis and thus Australia will demand you pay full taxes in Australia. If you're wondering how they know all your passports - if you look at any AUSTRAC form for declaring money, assets or finance, you'll see they demand you list all passports, passport numbers and name of country of citizenship. This information is only collected to better track and monitor you, its got nothing to do with preventing crime or any of the AML/KYC garbage. If you've ever filled in an eTA, ESTA, the soon to be in use ETIAS, or applied for a visa, they collect the same information and share it with all allied governments. The other way they collect this info is when reporting foreign bank accounts to the ATO as its required for all citizens to declare their foreign bank accounts.
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