CTHIn ForceAct
Taxation Administration Act 1953
12‑310 Limits on amount withheld under t12‑310 Limits on amount withheld under this Subdivision
Start here
Get a plain-English read of 12‑310 Limits on amount withheld under t
Turn the raw legal text into a practical explanation grounded in Taxation Administration Act 1953.
12‑310 Limits on amount withheld under this Subdivision
This Subdivision does not require an entity: (a) to withhold an amount from a *departing Australia superannuation payment if no *withholding tax is payable in respect of the payment; or (b) to withhold from a departing Australia superannuation payment more than the withholding tax payable in respect of the payment (reduced by each amount already withheld from it under this Subdivision).
Note: Section 301‑175 of the Income Tax Assessment Act 1997 deals with the withholding tax liability.