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Brian Farrelly

Brian has extensive professional experience in tax advisory, focussed predominantly on income tax for corporates, trusts and large family groups. He has a broad range of skills gained through providing services to a wide range of clients, from start-ups to large multi-national organisations. Brian also advises on a wide range of both domestic and cross […]

Tax considerations for Australians who become US residents

Despite protectionism being on the rise in recent times, the world remains relatively globalised with people choosing to live overseas on a short-term basis, or potentially longer. For Australians who become US residents, a major challenge that often arises is how to handle the tax treatment of a change in residency. From your residency status to buying gifts, there are some key things you need to consider to ensure you meet your tax obligations in the US and Australia.

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