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If your parents send you money from overseas(outside australia) do you have to pay tax on that?

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If your parents send you money from overseas(outside australia) do you have to pay tax on that?

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  1. no... dont think so.

    technically u didnt work for it


  2. No, not unless it was some kind of investment or trust income that you were beneficially, personally entitled to and you are an Australian resident for tax purposes. A gifts of cash from people like parents is not regarded as assessable income in the Australian tax system.
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