Fringe Benefits Tax Assessment Act 1986
PART III
-
FRINGE BENEFITS
Division 5
-
Expense payment fringe benefits
Subdivision B
-
Taxable value of expense payment fringe benefits
SECTION 23
23
TAXABLE VALUE OF EXTERNAL EXPENSE PAYMENT FRINGE BENEFITS
Subject to this Part, the taxable value in relation to a year of tax of an external expense payment fringe benefit provided during the year of tax is the amount of the payment referred to in paragraph 20(a) , or the reimbursement referred to in paragraph 20(b) , as the case requires, reduced, in a case to which paragraph 20(a) applies, by the amount of the recipients contribution.
Subject to this Part, the taxable value in relation to a year of tax of an external expense payment fringe benefit provided during the year of tax is the amount of the payment referred to in paragraph 20(a) , or the reimbursement referred to in paragraph 20(b) , as the case requires, reduced, in a case to which paragraph 20(a) applies, by the amount of the recipients contribution.
View history note
Hide history noteThis information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.