INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 301 - Superannuation member benefits paid from complying plans etc.  

Subdivision 301-C - Member benefits: elements untaxed in fund  

SECTION 301-90   301-90   Tax free component and element taxed in fund dealt with under Subdivision 301-B, but element untaxed in the fund dealt with under this Subdivision  


If you receive a *superannuation benefit that includes an *element untaxed in the fund:


(a) the *tax free component (if any) of the benefit is treated in the same way as the tax free component of a superannuation benefit under Subdivision 301-B ; and


(b) the *element taxed in the fund (if any) included in the benefit is treated in the same way as the taxable component of a superannuation benefit under Subdivision 301-B ; and


(c) the element untaxed in the fund is treated in accordance with this Subdivision.

Note:

If your superannuation benefit is a superannuation income stream benefit that is defined benefit income, see Subdivision 303-A .


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