CTHIn ForceLegislation
Income Tax Assessment (1997 Act) Regulations 2021
11Discount rate
Start here
Get a plain-English read of 11
Turn the raw legal text into a practical explanation grounded in Income Tax Assessment (1997 Act) Regulations 2021.
11 Discount rate
(1) The discount rate to be used to discount projected future benefits and salaries is 8% per year. (2) The discount rate is not to be adjusted for investment expenses or investment‑related taxation or for any other reason.