INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 293 - Sustaining the superannuation contribution concession  

Subdivision 293-G - Modifications for temporary residents who depart Australia  

Operative provisions

SECTION 293-240   Entitlement to refund stops all Division 293 tax liabilities  

293-240(1)  
The Commissioner may decide to release you from any existing or future liability to pay * Division 293 tax or * debt account discharge liability if:


(a) you become entitled to a refund under section 293-230 ; or


(b) you would become entitled to such a refund, if you were to pay the liability and paragraph 293-230(c) were disregarded.

293-240(2)  
The Commissioner may take such action as is necessary to give effect to a decision under subsection (1).


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.