How to lodge
To apply for a private ruling about payments from an overseas super fund:
- complete and submit a private ruling application form
- provide the supporting information listed below.
To lodge an objection about payments from an overseas super fund:
- complete and submit the relevant form
- provide the supporting information listed below.
Check first whether your question is answered in Lump sums from a foreign super fund.
Supporting information
Providing this information up front will reduce delays.
If you've previously given us any of the information listed below, you don't need to resend it.
The information we need for a private ruling or objection about payments from an overseas super fund includes:
- the dates you
- ceased employment in the overseas country
- arrived in Australia
- became an Australian resident for tax purposes
- the name of the overseas super fund making the payment
- the dates
- you joined the overseas super fund
- the payment was made
- the amount of the payment (in the currency of the overseas country)
- whether the overseas super fund is an employer-sponsored super fund or a personal super fund
- whether the overseas super fund allows for access of benefits prior to retirement age, for example, if it allows early withdrawal to purchase a home, or meets certain education or medical expenses – provide a copy of the policy showing the criteria for withdrawals
- whether you received the amount in cash or rolled it over into an Australian super fund
- where the amount was rolled over into an Australian super fund, whether the Australian super fund was a complying super fund
- if the payment is being rolled over into an Australian super fund, whether you have made an election in writing with the fund that part of the amount is to be treated as a taxable contribution by the fund – if yes, a copy of the election should be provided
- whether you still have an interest in the overseas super fund
- details of total contributions made by you and your employer into the overseas super fund, specifying contributions made since you became an Australian resident
- whether any amounts have been transferred into the overseas super fund from any other foreign super fund since you became an Australian resident
- the transfer value of the benefits in the overseas super fund on the day immediately before you became an Australian resident – if available, provide copies of any statements from the overseas super fund at or around the date you became an Australian resident.
- whether the value of the total benefits you held in the overseas super fund (together with other overseas interests such as foreign life assurance policies) was over $50,000
- any other documents that would support the statements made in your application.