PBR

Sladen Snippet - PBR determines that death benefit to a spouse’s estate is not tax free

Sladen Snippet - PBR determines that death benefit to a spouse’s estate is not tax free

Is the payment of a death benefit to a spouse’s estate tax free? The Australian Taxation Office (ATO) has released a Private Binding Ruling 1052273158502 (PBR) in which it determined that it was not under section 302-10(2) of the Income Tax Assessment Act 1997 (ITAA 97).