INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-35 - INSURANCE BUSINESS  

Division 320 - Life insurance companies  

Subdivision 320-E - No-TFN contributions of life insurance companies that are RSA providers  

Guide to Subdivision 320-E

SECTION 320-150   What this Subdivision is about  


This Subdivision makes Subdivisions 295-I and 295-J apply to life insurance companies that are RSA providers.

The consequence is that those life insurance companies are liable to pay tax on no-TFN contributions income under Subdivision 295-I . They may also be entitled to a tax offset under Subdivision 295-J .


TABLE OF SECTIONS
Operative provisions
320-155 Subdivisions 295-I and 295-J apply to companies that are RSA providers


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