FRINGE BENEFITS TAX ASSESSMENT ACT 1986

PART III - FRINGE BENEFITS  

Division 10A - Car parking fringe benefits  

Subdivision D - 12 week record keeping method  

SECTION 39GB   39GB   VALUE OF FRINGE BENEFITS FOR YEAR  


Despite any other provision of this Act (other than this section), the total taxable value of the employer ' s car parking fringe benefits for employees covered by the election for the FBT year is the amount worked out using the formula:
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