Cross border taxation fundamentals
Issued by
The Tax Institute
The earner has demonstrated an understanding of the tax rules associated with cross-border transactions, as they relate to resident and non-resident taxpayers. Earners review the fundamental principles of residency and source, and the restriction to income tax concessions to foreign residents. Earners then apply the foreign income tax offset rules, exemptions, withholding tax rules and income tax treaties.
- Type Certification
- Time Hours
- Cost Paid
Skills
- Cross Border Taxation Fundamentals
Earning Criteria
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Determine the taxation treatment of individuals and companies in receipt of foreign income.
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Apply the withholding tax provisions to dividends, interest and royalty payments to non-residents.
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Explain the allocation of taxing rights provided by the UK and USA double taxation treaties.
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Earners complete 10 hours of online, self-paced, interactive learning, incorporating interactive examples, knowledge checks, case studies and a comprehensive activity.
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Successful completion of an online, multiple choice assessment.