Fringe Benefits Tax Assessment Act 1986

PART V - RETURNS AND ASSESSMENTS  

Division 1 - Returns  

SECTION 70  

70   KEEPING RECORDS OF INDIRECT TAX TRANSACTIONS  

A return under section 68 or 69 must:

(a) be in the approved form; and

(b) specify:

(i) the fringe benefits taxable amount of the employer of the year of tax concerned; and

(ii) the amount of tax payable on that amount.