Sentences with phrase «ceased for income tax purposes»
If the trustee doesn't pay the minimum annual pension payment amount, the super income stream (that is, the TRIS) ceases for income tax purposes.
https://www.ato.gov.au/
the TRIS ceases for income tax purposes at the start of that income year.
Not exact matches
• the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that the Sponsor determines that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;
the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;
The super income stream will be taken to have ceased at the start of that income year for income tax purposes.
If a fund fails to meet the minimum pension payment requirements in an income year, the super income stream will be taken to have ceased at the start of that income year for income tax purposes.