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I just need it around 500 words.
QUESTION 2
Rosie Farmer was an accountant who was born in Australia and her parents lived in Australia. She was also an enthusiastic artist, but she only painted for pleasure, giving her paintings to friends. In late 2013 she decided to go overseas to pursue her painting and see if she could earn an income from her painting. Rosie therefore resigned her job as an accountant and sold her house in Australia to help fund her trip. She invested money in a number of ‘property ventures’ in New Zealand and America in January 2014. She is to receive $20,000 per annum in total from these investments, paid on a 6 monthly basis. In February 2014 she left Australia to travel overseas and paint. She did not have any definite plans on how long she intended to stay overseas. She first went to the Amalfi Coast in Italy. She spent 6 months moving around the Amalfi coast painting, staying in hotels and with friends she knew. She then went to England and spent 6 months in England, travelling around England painting. Her Uncle lived in England so she based herself at her Uncle’s house whilst in England. Next she moved to Greece and has been moving around the Greek Islands painting. By this time her painting technique has improved and she is now selling paintings on a regular basis to tourists. She sold her first painting in December 2014. In total she has sold $12,000 worth of paintings to date. She now has an excellent reputation as a scenery artist and plans to return to Australia in December 2015 in time for Christmas. She has arranged for an exhibition of her paintings in London for November 2015 where it is hoped many of her paintings will sell. It is estimated that these sales in total could be for as much as S100,000.
Can Australia tax Rosie on any of her income described above?
QUESTION 2
Rosie Farmer was an accountant who was born in Australia and her parents lived in Australia. She was also an enthusiastic artist, but she only painted for pleasure, giving her paintings to friends. In late 2013 she decided to go overseas to pursue her painting and see if she could earn an income from her painting. Rosie therefore resigned her job as an accountant and sold her house in Australia to help fund her trip. She invested money in a number of ‘property ventures’ in New Zealand and America in January 2014. She is to receive $20,000 per annum in total from these investments, paid on a 6 monthly basis. In February 2014 she left Australia to travel overseas and paint. She did not have any definite plans on how long she intended to stay overseas. She first went to the Amalfi Coast in Italy. She spent 6 months moving around the Amalfi coast painting, staying in hotels and with friends she knew. She then went to England and spent 6 months in England, travelling around England painting. Her Uncle lived in England so she based herself at her Uncle’s house whilst in England. Next she moved to Greece and has been moving around the Greek Islands painting. By this time her painting technique has improved and she is now selling paintings on a regular basis to tourists. She sold her first painting in December 2014. In total she has sold $12,000 worth of paintings to date. She now has an excellent reputation as a scenery artist and plans to return to Australia in December 2015 in time for Christmas. She has arranged for an exhibition of her paintings in London for November 2015 where it is hoped many of her paintings will sell. It is estimated that these sales in total could be for as much as S100,000.
Can Australia tax Rosie on any of her income described above?
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