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Category: Contributions Archives

What Will Happen to Refunds of Excess Non-concessional Contributions?

non-concessional contributionOn the website of the Inspector General of Taxation (IGT), a review in regards to the compliance required for excess contributions tax is being posted. Agreed that the concessional contributions corner a big pie of discussions but no one can deny that the exorbitant tax on non-concessional contribution is also a point of debate.

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