Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 294.225

This Subdivision neutralises the earnings tax exemption on retirement phase income streams that result in excess transfer balance.

Table of sections

Operative provisions

294 - 230   Excess transfer balance tax

294 - 235   Your excess transfer balance earnings

294 - 240   When tax is payable--original assessments

294 - 245   When tax is payable--amended assessments

294 - 250   General interest charge