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If your parents send you money from a country outside australia do you have to pay tax for that?

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If your parents send you money from a country outside australia do you have to pay tax for that?

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  1. No you don't.

    Only money that you "earn" is taxable.

    You don't even have to pay import duties on things valued under $1,000 that someone sends to you from overseas.


  2. nop,..its 100 % yours dude,..

  3. I think it is time that you went to the Australian Taxation Office and resigned yourself to a few days of waterboarding to expiate your sins.

  4. the tax is paid already by your parents upon the registration of sending the money. so the cash you will receive is cleared already from tax.

  5. absolute no

  6. No tax is payable on gifts in Australia. Money from your parents will be classified as a gift.

  7. No! It's considered a gift.. ENJOY!
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