Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 293 - Sustaining the superannuation contribution concession  

Guide to Division 293  

SECTION 293-1   What this Division is about  


This Division reduces the concessional tax treatment of certain superannuation contributions made for high income individuals.

The high income threshold is $250,000.

There are special rules for defined benefit interests, constitutionally protected State higher level office holders, certain Commonwealth justices and temporary residents who depart Australia.

Note:

Part 3-20 in Schedule 1 to the Taxation Administration Act 1953 contains rules about the administration of the Division 293 tax.


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