Found this: https://cuffelinks.com.au/avoid-super-death-benefit-taxes/
"
Not all super death benefits paid to a non-tax dependant are subject to tax
Only the ‘taxable’ portion of a super death benefit is subject to tax, where a person receives it who is not a dependant for income tax purposes. Any ‘tax-free’ component is exactly that, tax free in the hands of the beneficiary. The ‘tax-free’ component is basically made up of after-tax contributions that the member has made to superannuation. Consequently, a common strategy to ‘wash’ taxable components to tax free, prior to a member dying, is the re-contribution strategy."
- Forums
- ASX - General
- 17 Percent Death Tax
Found this:...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)