Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe * element untaxed in the fund of a * superannuation income stream benefit that you receive because of the death of a person of whom you are a * death benefits dependant is assessable income if:
(a) you are aged under 60 when you receive the benefit; and
(b) the deceased died aged under 60.
302 - 140 Superannuation lump sum--tax free status of tax free component
302 - 145 Superannuation lump sum--element taxed in the fund taxed at
15%, element untaxed in the fund taxed at 30%