Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 302 - Superannuation death benefits paid from complying plans etc.  

Subdivision 302-C - Death benefits to non-dependant  

Superannuation lump sum

SECTION 302-140  

302-140   Superannuation lump sum - tax free status of tax free component  

The *tax free component of a *superannuation lump sum that you receive because of the death of a person of whom you are not a *death benefits dependant is not assessable income and is not *exempt income.

Note:

For tax free component , see Subdivision 307-C .