Commonwealth Consolidated Acts

TRUST RECOUPMENT TAX ACT 1985 - SECT 5

    The rate of tax imposed by this Act on a taxable amount is:

  (a)   in the case of a primary taxable amount or a secondary taxable amount-- 45% ;

  (b)   in the case of an elected taxable amount--75%; and

  (c)   in the case of a company taxable amount--46%.