Income Tax Rates Act 1986
PART III
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RATES OF INCOME TAX PAYABLE UPON INCOMES OF COMPANIES, PRESCRIBED UNIT TRUSTS, SUPERANNUATION FUNDS, CERTAIN OTHER TRUSTS AND SOVEREIGN ENTITIES
(a) in respect of the low tax component - 15%; and
(b) in respect of the non-arm ' s length component - 45%.
SECTION 27
RATES OF TAX PAYABLE BY TRUSTEES OF APPROVED DEPOSIT FUNDS
27(1)
[Complying ADF]
The rates of tax payable by a trustee of a complying ADF 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%.
27(2)
[Non-complying ADF]
The rate of tax payable by a trustee of a non-complying ADF in respect of the taxable income of the fund is 45%.
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