GOVERNANCE OF AUSTRALIAN GOVERNMENT SUPERANNUATION SCHEMES ACT 2011 - SECT 32 Exemption from taxation--CSC

GOVERNANCE OF AUSTRALIAN GOVERNMENT SUPERANNUATION SCHEMES ACT 2011 - SECT 32

CSC generally exempt from taxation

  (1)   CSC is not subject to taxation under a law of the Commonwealth, except:

  (a)   as provided by this section; or

  (b)   under a law prescribed by the regulations.

  (2)   CSC is not subject to taxation under a law of a State or Territory, except under a law prescribed by the regulations.

CSC subject to taxation--income tax

  (3)   CSC is subject to taxation under the Income Tax Assessment Act 1936 and the Income Tax Assessment Act 1997 , except in relation to:

  (a)   any payment to CSC in relation to which an amount is debited from the Account; or

  (b)   any payment to CSC of money appropriated by the Parliament for the purposes of CSC.

CSC subject to taxation--goods and services tax

  (4)   CSC is subject to taxation under the A New Tax System (Goods and Services Tax) Act 1999 .

CSC subject to taxation--fringe benefits tax

  (5)   CSC is subject to taxation under the Fringe Benefits Tax Assessment Act 1986 .