Dave, 40, (a dependant under super rules, but a non-dependant under tax rules) has just received a
Fantastic news! We've Found the answer you've been seeking!
Question:
Dave, 40, (a dependant under super rules, but a non-dependant under tax rules) has just received a superannuation inheritance on behalf of his recently deceased 76 year old father. His father had a superannuation account with a balance of $82,000 ($12,000 tax free, $70,000 from a taxed source).
- What options does Dave have for payment of the funds?
- Explain the tax consequences on payment.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: