Proportional Income - Agreement with Italy

Proportional income

Article 8 of the Agreement with Italy provides that only a proportion of any Italian benefit is to be assessed as income when calculating the rate of Australian benefit paid outside Australia. This concessional treatment only applies when a person's Australian benefit is proportionalised ( See for the general method of working out proportional income.

Act reference: SS(IntAgree)Act Schedule 2 Italy

Last reviewed: 3 July 2017