INCOME TAX RATES ACT 1986

PART III - RATES OF INCOME TAX PAYABLE UPON INCOMES OF COMPANIES, PRESCRIBED UNIT TRUSTS, SUPERANNUATION FUNDS AND CERTAIN OTHER TRUSTS  

SECTION 26   RATES OF TAX PAYABLE BY TRUSTEES OF SUPERANNUATION FUNDS  

26(1)   [Complying superannuation fund]  

The rates of tax payable by a trustee of a complying superannuation fund 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%.

26(2)   [Non-complying superannuation fund]  

The rate of tax payable by a trustee of a non-complying superannuation fund in respect of the taxable income of the fund is 45%.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.