FRINGE BENEFITS TAX ASSESSMENT ACT 1986
PART XIA - RECORD KEEPING EXEMPTION Division 3 - Consequences if conditions in Division 2 are satisfied
SECTION 135L EMPLOYER NOT IN BUSINESS THROUGHOUT CURRENT YEAR 135L(1) [Application]
This section applies if the employer does not carry on business operations throughout the current year.135L(2) Pro-rata reduction of base year aggregate fringe benefits amount.
|×||Number of days in the current year during
which the employer carried on business operations
Number of days in the current year