This course is designed to provide a broad overview and understanding of the most important elements of Australian tax law as it affects international transactions. It includes analysis of: Australian residency for tax purposes; Australian source rules; the taxation of residents in respect of their foreign sourced income (including an overview of controlled foreign companies legislation); the taxation of non-residents in respect of their Australian sourced income; the operation of Australia's double tax agreements; and the competing policy factors inherent in the design of an international tax regime. The course provides the foundations for the other postgraduate courses dealing with international tax.