Tax Laws Amendment (Income Tax Rates) Act 2012 (60 of 2012)
Schedule 1
Part 1 Amendments applying from the 2012-13 year of income
Income Tax Rates Act 1986
6 Clause 1 of Part II of Schedule 7 (table)
Repeal the table, substitute:
|
Tax rates for non-resident taxpayers |
||
|---|---|---|
|
Item |
For the part of the ordinary taxable income of the taxpayer that: |
The rate is: |
|
1 |
does not exceed $80,000 |
The second resident personal tax rate |
|
2 |
exceeds $80,000 but does not exceed $180,000 |
37% |
|
3 |
exceeds $180,000 |
45% |