Sentences with phrase «recipient of a superannuation»

The amount of your transfer balance cap worked out under special rules for a child recipient of a superannuation income stream.

If the recipient of the superannuation death benefit is a foreign resident for Australian tax purposes, they receive the same tax treatment as a resident.

You continue to have a transfer balance account even if you subsequently cease to be a retirement phase recipient of a superannuation income stream.

[51] The purpose of these debits is to proportionately reduce the credits that arose as a result of both the member spouse and the non-member spouse being a retirement phase recipient of the superannuation income stream as a result of the payment split.

If you are a retirement phase recipient of a superannuation income stream just before 1 July 2017 (at the end of 30 June 2017), your transfer balance account commences on 1 July 2017.

You commence to have a transfer balance account on the later of 1 July 2017 and the day you first start to be a retirement phase recipient of a superannuation income stream.

Not exact matches

A superannuation income stream that automatically reverts to a nominated beneficiary on the death of its current recipient.

The stop time is the time at which an income stream of which you were a retirement phase recipient stops being a retirement phase superannuation income stream.

A reversionary beneficiary is the nominated dependant beneficiary of a superannuation income stream that automatically reverts to the nominated beneficiary on the death of the superannuation income stream recipient (member).