INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 307 - Key concepts relating to superannuation benefits  

Subdivision 307-E - Elements taxed and untaxed in the fund of the taxable component of superannuation benefit  

SECTION 307-275   Element taxed in the fund and element untaxed in the fund of superannuation benefits  

307-275(1)  
The *taxable component of a *superannuation benefit consists of an element taxed in the fund or an element untaxed in the fund , or both.

307-275(2)  
The *taxable component of a *superannuation benefit consists wholly of an element taxed in the fund except as provided in a later section of this Subdivision.

307-275(3)  
Despite subsection (2), the *taxable component of any of the following kinds of *superannuation benefit consists wholly of an element untaxed in the fund :

(a) a *small superannuation account payment;

(b) a *superannuation guarantee payment.