Income Tax Rates Act 1986
SchedulesSCHEDULE 11 - RATES OF TAX PAYABLE ON ELIGIBLE TAXABLE INCOME
PART I - RESIDENT TAXPAYERS SECTION 2. 2.
In the case of a resident taxpayer whose eligible taxable income for the purposes of Division 6AA of Part III of the Assessment Act exceeds $416 and whose taxable income does not consist of or include a special income component, the rate of tax in respect of the eligible taxable income of the taxpayer is 45%.