CPA Australia Tax and Social Security Guide:
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• have an annual adjusted taxable income below the income test threshold, where adjusted taxable income = taxable income + foreign income (where no Australian income tax is paid)
• have an annual adjusted taxable income below the income test threshold, where adjusted taxable income = taxable income + foreign income (where no Australian income tax is paid)
Income for surcharge purposes is the sum of taxable income (including the net amount on which family trust distribution tax has been paid); exempt foreign employment