Section RD 67 — Income Tax Act 2007: Calculating amounts of tax for employer's superannuation cash contributions

RD 67 Calculating amounts of tax for employer's superannuation cash contributions The amount of tax for an employer's superannuation cash contribution is–– (a) the amount determined under schedule 1 , part D, clause 1 (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits), unless paragraph (b) applies; or (b) 33% of the employer's superannuation cash contribution, if–– (i) the contribution is made by a person for the benefit of 1 or more of their past employees: (ii) an employer chooses 33% and the contribution is to a defined benefit fund. Defined in this Act: amount , amount of tax , defined benefit fund , employer , employer's superannuation cash contribution Section RD 67: replaced (with effect on 1 April 2012), on 2 November 2012, by section 142 of the Taxation (Annual Rates, Returns Filing, and Remedial Matters) Act 2012 (2012 No 88).