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Anti-detriment Payments

10/02/2010

The ATO has recently released an Interpretative Decisions in relation to Anti detriment payments. 

These are payments a super fund can make to supplement the amount of a death benefit to offset the effect of contributions tax on the contributions used to finance the death benefit of a member.

The Interpretative Decision – ID 2010/1 – confirms that anti-detriment payments can be made in
respect of adult children of the deceased member.

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