Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX RATES ACT 1986 - SECT 26

Rates of tax payable by trustees of superannuation funds

             (1)  The rates of tax payable by a trustee of a complying superannuation fund in respect of the taxable income of the fund are:

                     (a)  in respect of the low tax component--15%; and

                     (b)  in respect of the non-arm's length component--45%.

             (2)  The rate of tax payable by a trustee of a non-complying superannuation fund in respect of the taxable income of the fund is 45%.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback