Document ID: chunk:federal_register_of_legislation:C2010C00184:clause:5_29
Version: federal_register_of_legislation:C2010C00184
Segment Type: clause
Provision Reference: sch 5 cl 29
Character Range: 141230–141685

29  After subsection 45‑325(1)
Insert:

Notional tax if you have no‑TFN contributions income

 (1A) In working out the notional tax of a *complying superannuation fund, *non‑complying superannuation fund or *RSA provider for the *base year, assume that the entity had no *no‑TFN contributions income for the base year and that the entity was not entitled to a *tax offset for the base year under Subdivision 295‑J of the Income Tax Assessment Act 1997.