Private ruling: Lump sum payment from a superannuation fund
Date of advice: 24 May 2019
Published: July 2019

Ruling: Q1: Was the payment from the superannuation fund a superannuation member benefit under subsection 307-5(2) of the Income Tax Assessment Act 1997 (ITAA 1997)? | A1: Yes | Q2: Did the payment from the superannuation fund satisfy the conditions in subsections 303-10(1) and 303-10(2) of the ITAA 1997? | A2: Yes




In order to protect the privacy and commercial in-confidence components of this private binding ruling the following summary is provided: | The Commissioner has ruled on each of the specific questions.