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Money Transfer & Income Tax

Money Transfer & Income Tax

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Old Jan 9th 2008, 7:21 am
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Joined: Jun 2006
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Default Money Transfer & Income Tax

Hello all,

I don't know wether this question has been raised before but I need your answer please.

- If I transfer some money to my wife who is currently in Australia, will this amount be taken as an income for her when making tax returns?

- If the transfer is made from my account abroad to my AU bank account after I might have started living there, will this be treated as taxable income for me?

Thanks for your help.

Regards.

Topy.
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