Summary
Introduced with the Income Tax (Superannuation Payments Withholding Tax) Bill 2002, the bill amends the
Income Tax Assessment Act 1936
,
Income Tax Assessment Act 1997
,
Taxation Administration Act 1953
,
Income Tax Act 1986
and
Small Superannuation Accounts Act 1995
to establish arrangements for the administration of the “departing Australia superannuation payment” imposed by the proposed
Income Tax (Superannuation Payments Withholding Tax) Act 2002
. Also contains an application provision.