Class Ruling

CR 2006/104W

Fringe benefits tax: employers who use the Intelematics Fleet Telematics system as a means to record log book entries when calculating the taxable value of car fringe benefits for the purposes of Division 2 of Part III of the Fringe Benefits Tax Assessment Act 1986

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

FOI status:

This publication provides you with the following level of protection: This publication (excluding appendixes) is a public ruling for the purposes of the Taxation Administration Act 1953. A public ruling is an expression of the Commissioner's opinion about the way in which a relevant provision applies, or would apply, to entities generally or to a class of entities in relation to a particular scheme or a class of schemes. If you rely on this ruling, we must apply the law to you in the way set out in the ruling (or in a way that is more favourable for you if we are satisfied that the ruling is incorrect and disadvantages you, and we are not prevented from doing so by a time limit imposed by the law). You will be protected from having to pay any underpaid tax, penalty or interest in respect of the matters covered by this ruling if it turns out that it does not correctly state how the relevant provision applies to you.

Withdrawal

12. This Ruling is withdrawn and ceases to have effect after 31 March 2011. However, the Ruling continues to apply after its withdrawal in respect of the relevant provisions ruled upon to all persons within the specified class who entered into the specified scheme during the term of the Ruling, subject to there being no change in the scheme or in the person's involvement in the scheme.

Commissioner of Taxation
18 October 2006

Not previously issued as a draft

References

ATO references:
NO 2006/18415

Subject References:
car fringe benefits
fbt business journey
fbt car substantiation
fbt log book records
fbt odometer records
fbt operating costs
fbt records
fbt statutory formula
fringe benefits
fringe benefits tax

Legislative References:
FBTAA 1986 Pt III Div 2
FBTAA 1986 9(1)
FBTAA 1986 9(2)(c)
FBTAA 1986 9(2)(d)
FBTAA 1986 10
FBTAA 1986 10A
FBTAA 1986 10B
FBTAA 1986 136(1)
Copyright Act 1968
TAA 1953
TAA 1953 Sch 1 357-75(1)