Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 (81 of 2016)
Schedule 8 Innovative income streams and integrity
Part 1 Amendments
Income Tax Assessment Act 1997
6 Subsection 295-390(3) (definition of average value of current pension liabilities)
Omit "*superannuation income stream benefits that are payable by the fund in that year", substitute "*RP superannuation income stream benefits of the fund at any time in that year".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
