Tax Collection 4 International Dealings Direct Or Indirect Overseas Interest Indicator A question to determine if the entity has an overseas branch or a direct or indirect interest in a foreign trust, foreign company, controlled foreign entity, transferor trust, foreign investment fund or foreign life policy. Inform the field with an affirmative if the Company has a direct or indirect interest in an overseas entity or has a branch established overseas. International Dealings Tax Spared Foreign Tax Offset Amount The amount of foreign income tax offset relating to foreign tax forgone under an investment incentive scheme provided by a foreign government if that tax forgone is deemed to have been paid for the purposes of Australia?s foreign income tax offset rules. Inform the relevant field with the amount of Tax spared foreign income tax offsets. International Dealings Conduit Foreign Income Balance Amount A distribution that an Australian corporate tax entity makes to a foreign resident is not subject to dividend withholding tax, and is not assessable income, to the extent that the entity declares it to be conduit foreign income. An Australian corporate tax entity has an amount that is non-assessable non-exempt income if it receives a distribution including conduit foreign income from another such entity and it makes a distribution including conduit foreign income. This is the balance of conduit foreign income at the end of the income year. International Dealings Double Tax Agreement Financial Institutions Withholding Exemption Country Code The two letter country code derived from ISO 3166 identifying the country of residence of the financial institution to which the most exempt interest, under Article 11(3)(b) of the relevant double tax agreement, was paid in the reporting period.