10.14.8.40 Proportional Income - Agreement with Germany

Proportional income

Article 8 of the Agreement with Germany provides that only a proportion of any German benefit is assessed as income. This concessional treatment only applies when the person's Australian benefit is calculated at a proportional rate, see 10.14.8.20. See 10.1.9.40 for the general method of working out proportional income.

Act reference: SS(IntAgree)Act Schedule 14 Germany

Policy reference: SS Guide 10.14.8.20 Outside Australia - Agreement with Germany, 10.1.9.40 Calculating proportional income under agreements

Last reviewed: 9 November 2015