Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-30
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SUPERANNUATION
The assessable income of an entity does not include the amounts set out in this table.
Division 295
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Taxation of superannuation entities
Subdivision 295-E
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Other income amounts
Amounts excluded
SECTION 295-335
295-335
Amounts excluded from assessable income
The assessable income of an entity does not include the amounts set out in this table.
Note:
For an explanation of the acronyms used, see section 295-35 .
Amounts excluded from assessable income | ||
Item | This entity: | Does not include this in assessable income: |
1 | CSF
CADF PST |
A bonus on a * life insurance policy (except a reversionary bonus) |
2 | PST | Amount attributable to amounts received from a * constitutionally protected fund |
3 | * RSA provider | A bonus on a * life insurance policy that is an * RSA (except a reversionary bonus) |
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