Income Tax Assessment Act 1997
A contribution made to a * complying superannuation plan in respect of an individual is covered by this section if it is made because the individual agreed with an entity, or an * associate of an entity:
(a) for the contribution to be made; and
(b) in return, for the * withholding payments covered by subsection (2) that are to be made to the individual by the entity to be reduced (including to nil). 293-160(2)
This subsection covers a * withholding payment covered by any of the provisions in Schedule 1 to the Taxation Administration Act 1953 listed in the table.
|Withholding payments covered|
|1||Section 12-35||Payment to employee|
|2||Section 12-40||Payment to company director|
|3||Section 12-45||Payment to office holder|
|4||Section 12-55||Voluntary agreement to withhold|
|5||Section 12-60||Payment under labour hire arrangement, or specified by regulations|
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