Page 33 - Test 1 Slides - 4. Gross Income
P. 33

GROSS INCOME




            Residence









            • Non-resident who meets physical presence criteria

                    • Has spent > 91 days in total in each of the current and


                       previous 5 tax years; and

                    • More than 915 days in total during the previous 5 years


                    • Resident from 1st day of tax year in which criteria is met

                    • Ceases from day 1 of a continuous 330 day period outside of

                       RSA


                    • Only consider physical presence test if person was NOT

                       ordinarily resident at any time during year of assessment


            • Company


                    • Incorporated, established, formed, effectively managed in the

                       republic.

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