The Sydney Olympic Games included a team of tax officers who advised visiting athletes of any tax obligations and helped them in reclaiming GST reimbursements for their expenditure during the games.
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Fact 27
Tax-free threshold
Individuals who are Australian residents for taxation purposes pay no tax on the first $18,200 taxable income for the full financial year. This is called the tax-free threshold. They may claim the tax-free threshold from one employer only. Non-residents cannot claim the tax-free threshold.
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