The aim of this session is to break down the core concepts of international transactions into simple language for individuals. This session will cover: • The concept of residence: When a person is "resident" or "non-resident" for tax purposes • How a non-resident is taxed in South Africa • Withholding taxes levied in South Africa • How residents are taxed on worldwide income • Residents working abroad • Foreign interest • Foreign dividends • Offshore businesses • Brief overview of controlled foreign companies • Relief for double taxation Double tax agreements • Exemptions • Foreign tax rebate • Tax consequences when a person ceases to be a South African tax resident

Any person who is looking to gain an understanding of foreign earnings would benefit from this course.. Any delegate that is looking to get a refresher on the above topics would also be welcome.