Summary
Amends the
Income Tax Assessment Act 1936
and
Superannuation Contributions Tax (Assessment and Collection) Act 1997
to provide for the taxation treatment of split superannuation contributions between a fund-contributing member and their spouse. Details of the operation of superannuation contributions splitting will be specified in regulations under the
Superannuation Industry (Supervision) Act 1993
and the
Income Tax Assessment Act 1936
.