Income Tax Assessment Act 1997
The *taxable component of a *superannuation income stream benefit that you receive because of the death of a person of whom you are a *death benefits dependant is assessable income if:
(a) you are under 60 when you receive the benefit; and
(b) the deceased died aged under 60.
For taxable component , see Subdivision 307-C .302-75(2)
You are entitled to a *tax offset equal to 15% of the *taxable component of the benefit.
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