Taxation of Foreign Income & How to Reduce Double Taxation

Refresh your knowledge on tax residency, income sourcing, foreign income & methods to reduce double taxation across jurisdictions.

In this session, we cover:

• Australian Tax Residency

  • Individuals

    • Resides Test

    • Domiciles Test

    • 183 Days Test

    • Commonwealth Superannuation Test

  • Companies

• Differences between residents & non-residents

• The problem of double taxation

• Foreign income tax offsets

  • Division 770 of ITAA97

  • Tips when dealing with different tax periods

• Other double tax relief measures

  • NANE income

  • Shareholder distributions

• Non-resident shareholder relief

  • Conduit Foreign Income - Division 802 of ITAA97

• Foreign exchange gains/ losses

Date recorded: 22 September 2025