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Superannuation (Excess Untaxed Roll-over Amounts Tax) Act 2007
5Amount of tax
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#### 5 Amount of tax
(1) The amount of the tax is the percentage mentioned in subsection (2) of the excess untaxed roll‑over amount.
(2) Work out the percentage in the following way:
(a) first, work out the maximum rate specified in column 3 of the table in Part I of Schedule 7 to the Income Tax Rates Act 1986 that applies for the income year;
(b) next, add 2%.