INCOME TAX ASSESSMENT ACT 1997 - SECT 83.235 Termination payments tax free--foreign resident period
INCOME TAX ASSESSMENT ACT 1997 - SECT 83.235
Termination payments tax free--foreign resident periodA payment received by you is not assessable income and is not * exempt income if:
(a) it was received in consequence of the termination of your employment in a foreign country; and
(b) it is not a * superannuation benefit; and
(c) it is not a payment of a pension or an * annuity (whether or not the payment is a superannuation benefit); and
(d) it relates only to a period of employment when you were not
an Australian resident.