INCOME TAX RATES ACT 1986
SchedulesSCHEDULE 8 - NOTIONAL RATES FOR THE PURPOSES OF SECTION 156 OF THE ASSESSMENT ACT
PART II - NON-RESIDENT TAXPAYERS, NON-RESIDENT BENEFICIARIES AND NON-RESIDENT TRUST ESTATES Division 2 - Notional rates in respect of certain trust income SECTION 2. 2.
The notional rate in respect of income to which this Division applies is the rate that would be calculated in accordance with Division 1 in respect of a taxable income equal to the income if that income were the taxable income of one individual and were not income in respect of which a trustee is liable to be assessed and to pay tax under section 98 or 99 of the Assessment Act.
Sch 9 repealed as inoperative by No 101 of 2006 , s 3 and Sch 1 item 265, effective 14 September 2006. For application and savings provisions and for former wording see the CCH Australian Income Tax Legislation archive .