Explain the significance of the residency of a taxpayer

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Explain the significance of the residency of a taxpayer and the source of income in relation to assessable income.

Explain the concept of foreign income and how international tax agreements might impact on the taxation of foreign income received by Australian resident taxpayers.

(Make reference to the relevant provisions of the ITAA36 and/or ITAA97).

Reference no: EM131596904

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