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Australian tax is quite complex, depending whether you are a temporary/ permanent resident/ non-resident for tax purpose. You need to speak to some tax adviser who will help you to plan and manage your tax obligations. The fact you have been granted permanent residency does not necessarily mean that you are an Australian resident for tax purpose.
Assuming you become an Australia resident for tax purposes from the day you are granted permanent residency, and not a temporary resident. Then the tax implication will be:
1. Your assessable income will include ordinary income derived directly or indirectly from all sources, whether in or out of Australia, during the income year.
2. You will be deemed to have acquired all assets that are not taxable Australian property at a cost base equivalent to their market value on the date of becoming a resident. This effectively means that any capital gains and losses that accrued while a non-resident should be protected from Australian CGT. However, valuation is required on the date you become Australia resident.
3. The income derived from the overseas would be assessable in Australia and you may be entailed to a foreign tax offset for any tax paid overseas.
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