Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 295 - Taxation of superannuation entities  

Subdivision 295-C - Contributions included  

Contributions and payments

SECTION 295-160  

295-160   Contributions and payments  

The assessable income of an entity includes contributions or payments as set out in this table for the income year in which the contributions or payments are received.

Note:

For an explanation of the acronyms used, see section 295-35 .

Contributions and payments included in assessable income
Item	Assessable income of this entity:	Includes:
1	CSF N-CSF that is an * Australian superannuation fund for the income year * RSA provider	Contribution to provide * superannuation benefits for someone else (except a contribution that is a * roll-over superannuation benefit)
2	N-CSF that is a * foreign superannuation fund for the income year	Contribution to provide * superannuation benefits for someone else to the extent that it relates to a period when that person was:
		(a) an Australian resident; or
		(b) a foreign resident who * derives * withholding payments covered by subsection 900-12(3)
		(except a contribution that is a * roll-over superannuation benefit)
3	CSF CADF * RSA provider	Payment under section 65 of the Superannuation Guarantee (Administration) Act 1992
4	CSF * RSA provider	Payment under section 61 or 61A of the Small Superannuation Accounts Act 1995