Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015 (70 of 2015)

Schedule 1   First Home Saver Accounts

Part 2   Consequential amendments

Division 1   Main amendments

Income Tax Assessment Act 1997

101   Subsection 320-107(3)

Insert:

complying superannuation class rate is the rate of tax imposed on the *complying superannuation class of the company's taxable income for the income year.