CTHIn ForceAct
Income Tax (Dividends, Interest and Royalties Withholding Tax) Act 1974
7Rates of tax
Start here
Get a plain-English read of 7
Turn the raw legal text into a practical explanation grounded in Income Tax (Dividends, Interest and Royalties Withholding Tax) Act 1974.
7 Rates of tax
The rates of income tax imposed by this Act are: (a) in respect of income to which subsection 128B(4) of the Assessment Act applies—30%; and (b) in respect of income to which subsection (5) of that section applies—10%; and (c) in respect of income to which subsection (5A) of that section applies—30%.