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54550 on 180000 plus 45 on excess over 180000 non

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$54,550 on $180,000 plus 45% on excess over $180,000 Non-resident Individual Tax Rates for the 2010/11 Income Year Taxable Income Tax Payable 0 - $37,000 29% on excess over Nil $37,001 - $80,000 $10,730 on $37,000 plus 30% on excess over $37,000 $80,001 - $180,000 $23,630 on $80,000 plus 37% on excess over $80,000 $180,001 and above $60,630 on $180,000 plus 45% on excess over $180,000 [¶9.2](a)
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Foundations of Taxation Law [¶9.2](b) © CCH Australia Limited Children Children To prevent income splitting, penalty tax rates apply to  the “eligible taxable income” of children who are  under 18 and unmarried The penalty rates do not apply to their “excepted  income”, which is taxed at ordinary rates, eg: Employment or business income Income derived from the investment of property  arising from a deceased estate
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Foundations of Taxation Law [¶9.3] © CCH Australia Limited Companies Companies Most companies pay tax at a flat rate of 30%  (“general corporate tax rate”) Special rates apply to: Pooled development funds Life insurance companies RSA providers ADIs that are FHSA providers
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Foundations of Taxation Law [¶9.4](a)
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