Commonwealth Consolidated Acts Commonwealth Consolidated ActsSurcharge imposed on reportable fringe benefits total
(1) Medicare levy surcharge is imposed on the reportable fringe benefits total for a year of income of a person who is a resident of Australia at any time during the year of income.
Note: Subdivision 61 - L (tax offset for Medicare levy surcharge (lump sum payments in arrears)) of the Income Tax Assessment Act 1997 might provide a tax offset for a person if Medicare levy surcharge is payable by the person.
Who is a resident of Australia --general rule
(2) A person is a resident of Australia if he or she is a resident of Australia as defined in subsection 6(1) of the Assessment Act.
Application: 1999 - 2000 year of income onwards
(4) Subsection (1) applies to the 1999 - 2000 year of income and later years of income.