Document ID: chunk:federal_register_of_legislation:C2024C00072:section:10
Version: federal_register_of_legislation:C2024C00072
Segment Type: section
Provision Reference: s 10
Character Range: 8868–9749

10  Imposition of Medicare levy surcharge

Surcharge imposed on reportable fringe benefits total
 (1) Medicare levy surcharge is imposed on the reportable fringe benefits total for a year of income of a person who is a resident of Australia at any time during the year of income.
Note: Subdivision 61‑L (tax offset for Medicare levy surcharge (lump sum payments in arrears)) of the Income Tax Assessment Act 1997 might provide a tax offset for a person if Medicare levy surcharge is payable by the person.

Who is a resident of Australia—general rule
 (2) A person is a resident of Australia if he or she is a resident of Australia as defined in subsection 6(1) of the Assessment Act.

Application: 1999‑2000 year of income onwards
 (4) Subsection (1) applies to the 1999‑2000 year of income and later years of income.

Part 3—Amount of surcharge payable

Division 1—General rule