CTHIn ForceAct
Income Tax Rates Act 1986
28ARates of tax payable by trustees of AMITs under paragraph 276‑105(2)(b) or (c) of the Income Tax Assessment Act 1997
Start here
Get a plain-English read of 28A
Turn the raw legal text into a practical explanation grounded in Income Tax Rates Act 1986.
#### 28A Rates of tax payable by trustees of AMITs under paragraph 276‑105(2)(b) or (c) of the Income Tax Assessment Act 1997
The rates of tax payable by a trustee of an AMIT under paragraph 276‑105(2)(b) or (c) of the Income Tax Assessment Act 1997 are:
(a) if paragraph 276‑105(2)(b) of the Income Tax Assessment Act 1997 applies—the rate specified in paragraph 23(2)(b) of this Act; and
(b) if paragraph 276‑105(2)(c) of that Act applies—the maximum rate specified in column 3 of the table applicable to the year of income in Part II of Schedule 7 to this Act that applies for the year of income.
> Note: If paragraph 276‑105(2)(a) of the Income Tax Assessment Act 1997 applies, see subsection 12(6A).