Income Tax Assessment Act 1997
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-40
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RULES AFFECTING EMPLOYEES AND OTHER TAXPAYERS RECEIVING PAYG WITHHOLDING PAYMENTS
Division 83
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Other payments on termination of employment
Subdivision 83-D
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Foreign termination payments
Operative provisions
SECTION 83-235 83-235 Termination payments tax free - foreign resident period
A payment received by you is not assessable income and is not * exempt income if:
(a) it was received in consequence of the termination of your employment in a foreign country; and
(b) it is not a * superannuation benefit; and
(c) it is not a payment of a pension or an * annuity (whether or not the payment is a superannuation benefit); and
(d) it relates only to a period of employment when you were not an Australian resident.
View history note
Hide history noteSECTION 83-235 83-235 Termination payments tax free - foreign resident period
A payment received by you is not assessable income and is not * exempt income if:
(a) it was received in consequence of the termination of your employment in a foreign country; and
(b) it is not a * superannuation benefit; and
(c) it is not a payment of a pension or an * annuity (whether or not the payment is a superannuation benefit); and
(d) it relates only to a period of employment when you were not an Australian resident.
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