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A comment on Wealthy people are renouncing American citizenship. Parent comment

Re:Wealthy people are renouncing American citizenship by BelenusMordred on Thursday August 05, 2021 @11:01AM (#28074677)
They only just changed the laws a month ago to make it so opaque and vague about who qualifies as a tax-resident or not. It's basically a "if we want we will tax you" situation. The 183 day rule means little if you have even something as innocuous as a bank account back home now. It's a ridiculously stricter change that is entirely open to interpretation by the ATO.

https://www.mondaq.com/australia/income-tax/1070880/tax-resi...

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Re:Wealthy people are renouncing American citizenship by dbetteridge on Thursday August 05, 2021 @12:11PM (#28075743)
Ugh, thats a headache of a read.

Sounds like they're just 'recommended' for now but won't take effect till next tax year at least.

Also sounds like its intended to catch people working 0% tax contracts in the middle east or digital nomading around east-asia till they need medical care. (still not a good reason to complicate things)

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Re:Wealthy people are renouncing American citizenship by vkou on Thursday August 05, 2021 @01:13PM (#28076602)
What you are describing is a pretty common requirement. Canada has a similar requirement, and while a passive bank account would in itself not be considered 'ties' to the country, an active one that sees use might.
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