Document ID: chunk:federal_register_of_legislation:C2007A00079:clause:9_28
Version: federal_register_of_legislation:C2007A00079
Segment Type: clause
Provision Reference: sch 9 cl 28
Character Range: 87306–87979

28  Rates of tax payable by certain trustees to whom section 98 of the Assessment Act applies

  The rates of tax payable by a trustee of a trust estate in respect of a share of the net income of the trust estate in respect of which the trustee is liable to be assessed and to pay tax are:
 (a) if paragraph 98(3)(b) of the Assessment Act applies—the rate specified in subsection 23(2) (about companies); and
 (b) if subsection 98(4) of the Assessment Act applies—the maximum rate specified in column 3 of the table in Part II of Schedule 7 to this Act that applies for the year of income.

Note: If paragraph 98(3)(a) of the Assessment Act applies, see subsection 12(6).