Income Tax Assessment Regulations 1997 (Repealed)

SCHEDULE 1AA  

Note: See subregulation 293-115.20(2) .

WORKING OUT DEFINED BENEFIT CONTRIBUTIONS

PART 3 - VALUATION PARAMETERS  

11   Discount rate  

11(1)    
The discount rate to be used to discount projected future benefits and salaries is 8% per year.

11(2)    
The discount rate is not to be adjusted for investment expenses or investment-related taxation or for any other reason.