Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-30
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SUPERANNUATION
Division 302
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Superannuation death benefits paid from complying plans etc.
Subdivision 302-B
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Death benefits to dependant
Lump sum death benefits to dependants are tax free
SECTION 302-60 302-60 All of superannuation lump sum is tax free
A *superannuation lump sum that you receive because of the death of a person of whom you are a *death benefits dependant is not assessable income and is not *exempt income.
View history note
Hide history noteSECTION 302-60 302-60 All of superannuation lump sum is tax free
A *superannuation lump sum that you receive because of the death of a person of whom you are a *death benefits dependant is not assessable income and is not *exempt income.
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