SUPERANNUATION (EXCESS UNTAXED ROLL-OVER AMOUNTS TAX) ACT 2007
This section applies if the roll-over superannuation benefit that consists of, or includes, the excess untaxed roll-over amount is taken to be received in a temporary budget repair levy year.
6(2)
Increase the percentage worked out under subsection 5(2) by 2 percentage points for the purpose of working out the amount of the tax.
6(3)
In this section:
roll-over superannuation benefit
has the same meaning as in the
Income Tax Assessment Act 1997
.
temporary budget repair levy year
has the same meaning as in section
4-11
of the
Income Tax (Transitional Provisions) Act 1997
.
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