Income Tax Rates Act 1986
PART III - RATES OF INCOME TAX PAYABLE UPON INCOMES OF COMPANIES, PRESCRIBED UNIT TRUSTS, SUPERANNUATION FUNDS, CERTAIN OTHER TRUSTS AND SOVEREIGN ENTITIES
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Hide history noteSECTION 26 RATES OF TAX PAYABLE BY TRUSTEES OF SUPERANNUATION FUNDS
26(1) [Complying superannuation fund]
The rates of tax payable by a trustee of a complying superannuation fund in respect of the taxable income of the fund are:
(a)
in respect of the low tax component
-
15%; and
(b)
in respect of the non-arm
'
s length component
-
45%.
26(2) [Non-complying superannuation fund]
The rate of tax payable by a trustee of a non-complying superannuation fund in respect of the taxable income of the fund is 45%.
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