Assertion: concessional contribution | /r/AtLocation | assessable income
Facets:
value: for corresponding income year
type: TEMPORAL
Source sentences:
text: Excess concessional contribution (ECC) is included in the assessable income for corresponding income year, and the taxpayer is entitled to a tax offset for that income year equal to 15% of the excess concessional contributions (S 291-15 of the Income Tax Assessment Act 1997).