The treatment of foreign-source income by Australian residents and Australian source income by foreign residents remains a complex area of tax law.
Aimed at a junior audience, and those seeking a refresher on the general principles of Australian international tax, this session will cover:
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Residence of individuals, trusts and companies;
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Source of income;
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The basic operation of double tax agreements (DTAs);
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Exemption for non-portfolio dividends and branch income;
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Participation exemption;
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Foreign income tax offset rules;
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Australia’s foreign accruals tax rules and developments in this area;
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Thin capitalisation rules; and
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Dividend, interest and royalty withholding taxes.
Benefits of Attending
This session will enable participants to:
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Gain a basic understanding of the Australian international tax rules;
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Identify when the international tax rules may apply, as well as any concessions and exemptions; and
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Describe the key recent developments in this area.
Who should attend
Those working in practice or business
Workshop Inclusions
All delegates will receive a copy of the presentation and any handouts.
CPE Hours
Earn 1.5 CPE hours
Presenter
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Bruce Thomas
Tax Training Specialist
The Institute of Chartered Accountants in Australia
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