Individuals aged 60 and over now retiring in Australia.

This type of double-taxation hardly gets attention from the opponents of Section 911. ConclusionCurrent limitations on Section 911 are bad policy. France, by contrast, must deal with the headache of a complicated system, but at least is unlikely to face an additional tax liability to the IRS. Companies should understand these issues and how they impact U. Individuals aged 60 and over now retiring in Australia. It seems to me like you'd have to be a really big idiot to support this law. Lawmakers also should remove all caps and limitations that are currently attached to this benefit.