Document ID: chunk:federal_register_of_legislation:C2024C00692:section:8g:p2
Version: federal_register_of_legislation:C2024C00692
Segment Type: section
Provision Reference: s 8G (pt 2/2)
Character Range: 31379–32091

amounts in paragraph (b) exceeds the sum of the following amounts:
 (i) income tax payable for the year of income by the person immediately before the later crediting;
Note: This is the income tax payable for the year of income as reduced by any rebate, deduction under subsection 100(2) of the Tax Act, crediting, applying or other payment made before the later crediting.
 (iii) interest for the year of income payable by the person under section 102AAM of the Tax Act immediately before the later crediting; and
interest is payable by the Commissioner to the person on the excess mentioned in paragraph (c), calculated in respect of` the period applicable under section 8H at the rate specified in section 8I.