Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-30
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SUPERANNUATION
The *tax free component of a *superannuation lump sum that you receive because of the death of a person of whom you are not a *death benefits dependant is not assessable income and is not *exempt income.
Division 302
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Superannuation death benefits paid from complying plans etc.
Subdivision 302-C
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Death benefits to non-dependant
Superannuation lump sum
SECTION 302-140
302-140
Superannuation lump sum
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tax free status of tax free component
The *tax free component of a *superannuation lump sum that you receive because of the death of a person of whom you are not a *death benefits dependant is not assessable income and is not *exempt income.
Note:
For tax free component , see Subdivision 307-C .
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