Commonwealth Numbered Acts

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SUPERANNUATION (DEPARTING AUSTRALIA SUPERANNUATION PAYMENTS TAX) ACT 2007 (NO. 13, 2007) - SECT 5

Amount of tax

                   The amount of the tax is as follows:

                     (a)  for the tax free component of the departing Australia superannuation payment--nil;

                     (b)  for the element taxed in the fund of the taxable component of the departing Australia superannuation payment--30%;

                     (c)  for the element untaxed in the fund of the taxable component of the departing Australia superannuation payment--40%.


 

 

 [ Minister's second reading speech made in--

House of Representatives on 7 December 2006

Senate on 26 February 2007 ]

(207/06)

 



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