SCHEDULES
SCHEDULE 2Income tax rates
Part 1Amendments of ITA 2007
3
(1)
Section 8 (dividend ordinary rate and dividend upper rate) is amended as follows.
(2)
Insert at the end—
“(3)
The dividend additional rate is 42.5%.”
(3)
In the heading, for “and dividend upper rate” substitute “
, dividend upper rate and dividend additional rate
”
.