Taxation Administration Act 1953
SCHEDULE 1
-
COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
An entity must withhold an amount from an *excess untaxed roll-over amount it pays to an entity.
Note: See section 3AA .
Chapter 2 - Collection, recovery and administration of income tax
PART 2-5
-
PAY AS YOU GO (PAYG) WITHHOLDING
Division 12
-
Payments from which amounts must be withheld
Subdivision 12-FAA
-
Excess untaxed roll-over amount
SECTION 12-312
12-312
UNTAXED ROLL-OVER SUPERANNUATION BENEFITS
An entity must withhold an amount from an *excess untaxed roll-over amount it pays to an entity.
Note:
An excess untaxed roll-over amount is an amount that may form part of a roll-over superannuation benefit that includes an element untaxed in the fund: see section 306-15 of the Income Tax Assessment Act 1997 .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.