Commonwealth Numbered Acts

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MEDICARE LEVY ACT 1983 No. 52, 1983 - SECT 6

Rate of levy

6. (1) The rate of levy payable by a person upon a taxable income is 0.416%.

(2) The rate of levy payable by a person in the capacity of a trustee of a
trust estate upon a share of the net income of the trust estate to which a
beneficiary is presently entitled, being income in respect of which the
trustee is liable to be assessed in pursuance of section 98 of the Assessment
Act, is 0.416%.

(3) The rate of levy payable by a person in the capacity of a trustee of a
trust estate upon the net income of the trust estate or a part of that net
income, being income in respect of which the trustee is liable to be assessed
and pay tax in pursuance of section 99 or 99A of the Assessment Act, is
0.416%. 


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