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-   -   Australia tax imposed on US IRA/RO? (https://www.askmehelpdesk.com/showthread.php?t=21313)

  • Feb 21, 2006, 12:09 PM
    jgerpe
    Australia tax imposed on US IRA/RO?
    Dear Expert-
    A client is telling me (I'm an RIA) when he relocates to Australia, he will be taxed on a current year basis on his IRA Roll-over. He will not be taking any distributions from this roll-over, which would stay in the U.S. He has been told of this tax by someone with KPMG. Is this true?
    Thank you for your response,
    Jg
  • Feb 21, 2006, 10:17 PM
    AtlantaTaxExpert
    Sorry, I do not have the expertise in Australian tax law to comment.

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