Fringe Benefits Tax Assessment Act 1986
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.
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