Note: For see Subdivision 307C. taxable component, (2) You are entitled to a offset equal to 15% of the *tax *taxable component of the benefit. Death benefits to dependant—elements untaxed in fund 30280 Treatment of element untaxed in the fund of superannuation income stream death benefit to dependant If a income stream benefit that you receive *superannuation because of the death of a person of whom you are a benefits *death dependant includes an untaxed in the fund: *element (a) the free component (if any) of the benefit is treated in the *tax same way as the tax free component of a superannuation income stream benefit under section 30265 or 30270; and (b) the in the fund (if any) of the benefit is treated *element in the same way as the component of a *taxable superannuation income stream benefit under section 30265 or 30275; and (c) the element untaxed in the fund is treated in accordance with section 30285 or 30290. 30285 Deceased died aged 60 or above or dependant aged 60 years or above—superannuation income stream: element untaxed in fund attracts 10% offset (1) The untaxed in the fund of a income *element *superannuation stream benefit that you receive because of the death of a person of whom you are a benefits dependant is assessable income in *death either or both of the following cases: (a) you are 60 years or over when you receive the benefit; (b) the deceased died aged 60 or (2) You are entitled to a offset equal to 10% of the *tax *element untaxed in the fund of the benefit.
Note: For taxable component, see Subdivision 307C. (2) You are entitled to a *tax offset equal to 15% of the *taxable component of the benefit. Death benefits to dependant—elements untaxed in fund 30280 Treatment of element untaxed in the fund of superannuation income stream death benefit to dependant If a *superannuation income stream benefit that you receive because of the death of a person of whom you are a *death benefits dependant includes an *element untaxed in the fund: (a) the *tax free component (if any) of the benefit is treated in the same way as the tax free component of a superannuation income stream benefit under section 30265 or 30270; and (b) the *element in the fund (if any) of the benefit is treated in the same way as the *taxable component of a superannuation income stream benefit under section 30265 or 30275; and (c) the element untaxed in the fund is treated in accordance with section 30285 or 30290. 30285 Deceased died aged 60 or above or dependant aged 60 years or above—superannuation income stream: element untaxed in fund attracts 10% offset (1) The *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 in either or both of the following cases: (a) you are 60 years or over when you receive the benefit; (b) the deceased died aged 60 or (2) You are entitled to a *tax offset equal to 10% of the *element untaxed in the fund of the benefit.