Income Tax Assessment Regulations 1997 (Repealed)

SCHEDULE 1A  

(subregulations 292-170.02(2) , 292-170.05(2) and (3) and 292-170.06(2) and (3))

METHOD OF WORKING OUT AMOUNT OF NOTIONAL TAXED CONTRIBUTIONS

PART 3 - VALUATION PARAMETERS  

3.2   Discount rate  

3.2(1)    
The discount rate to be used to discount projected future benefits and salaries is 8% per year.

3.2(2)    
The discount rate is not to be adjusted for investment expenses or investment-related taxation or for any other reason.