Is the foreign income tax offset usable for a temporary resident?

Discussion in 'Accounting, Tax & Legal' started by William SHI, 26th Aug, 2017.

Join Australia's most dynamic and respected property investment community
  1. William SHI

    William SHI Member

    Joined:
    5th Feb, 2017
    Posts:
    24
    Location:
    Melbourne
    I am a temporary resident for Australian tax purpose.
    I received annual tax statement from the managed funds I invested.
    There are some amounts of foreign income tax offset on the statement.

    As described in Foreign income exemption for temporary residents - introduction, foreign incomes are exempted for temporary residents.
    Can I still use the foreign income tax offset to reduce my tax payable?

    Thanks!