@TheJerzWay Why would you advertise the story that you thought the ATO would tax him nearly $1 mil and moved him to Dubai because of it, only to find out later the whole move was unnecessary as it was not taxable in the first place? Wouldn’t that be bad for your business? I’d keep it quiet…
@TheJerzWay Yes - how did the temporary resident owe $987k to the ATO (as per your post) if he sold in Australia if temporary residents in Australia are not taxed?
@TheJerzWay Unfortunately this is fraud. When he leaves the country this is a “CGT event” and he has to pay tax upon departure.
What you recommended and did for him was illegal.