Second Reading Speeches

Tax Laws Amendment (Superannuation Contributions Splitting) Bill 2005

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
41

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Summary

Amends the

Income Tax Assessment Act 1936
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
,
Retirement Savings Accounts Act 1997
and the
Income Tax Assessment Act 1936[eitals.

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