Document ID: chunk:federal_register_of_legislation:C2007C00596:section:7
Version: federal_register_of_legislation:C2007C00596
Segment Type: section
Provision Reference: s 7
Character Range: 1654–3993

7  Rates of tax

  The rates of income tax imposed by this Act are:
 (a) in respect of income to which subsection 128B(4) of the Assessment Act applies—30%; and
 (b) in respect of income to which subsection (5) of that section applies—10%; and
 (c) in respect of income to which subsection (5A) of that section applies—30%.
Notes to the Income Tax (Dividends, Interest and Royalties Withholding Tax) Act 1974

Note 1

The Income Tax (Dividends, Interest and Royalties Withholding Tax) Act 1974 as shown in this compilation comprises Act No. 27, 1974 amended as indicated in the Tables below.

Table of Acts
Act                                                                     Number     Date          Date of commencement                    Application, saving or transitional provisions
                                                                        and year   of Assent
Income Tax (Dividends and Interest Withholding Tax) Act 1974            27, 1974   1 Aug 1974    1 Aug 1974
Income Tax (Dividends and Interest Withholding Tax) Amendment Act 1992  199, 1992  21 Dec 1992   24 Dec 1992 (see s. 2)                  —
Tax Laws Amendment (2007 Measures No. 4) Act 2007                       143, 2007  24 Sept 2007  Schedule 7 (items 69–72): Royal Assent  —

Table of Amendments
ad. = added or inserted      am. = amended      rep. = repealed    rs. = repealed and substituted
Provision affected                                                                                 How affected
Title....................                                                                          am. No. 199, 1992
S. 1....................                                                                           am. No. 199, 1992
S. 3....................                                                                           rep. No. 143, 2007
S. 4....................                                                                           am. No. 143, 2007
S. 6....................                                                                           rs. No. 199, 1992
S. 7....................                                                                           am. No. 199, 1992; No. 143, 2007
S. 8....................                                                                           rep. No. 143, 2007