Related products

Loan and debt waiver fringe benefits

Taxation Determinations

TD 2008/11 - Fringe benefits tax: where an employer mistakenly pays to their employee an amount that the employee is not legally entitled to, but is obliged to repay, does the employer's subsequent waiver of that obligation constitute a 'debt waiver benefit' under section 14 of the Fringe Benefits Tax Assessment Act 1986?

Legislative references

Division 3 of Part III of the Fringe Benefits Tax Assessment Act 1986

    Last modified: 17 Jul 2012QC 21998