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COMMONWEALTHAct
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s 5

Rates of tax

In force

5 Rates of tax

The rate of tax imposed by this Act on a taxable amount is:

(a)

in the case of a primary taxable amount or a secondary taxable amount—45%;

(b)

in the case of an elected taxable amount—75%; and

(c)

in the case of a company taxable amount—46%.

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Section 5 — Rates of tax — Trust Recoupment Tax Act 1985 (Commonwealth) — Barrister AI