Taxation Law - Question 1 Issue What is the Fringe Benefits Tax (FBT)? Discuss relevant statutory provision Discuss the categories and why was it introduced? Rule Fringe Benefits Tax Assessment Act 1986 Application FBT stands for Fringe Benefits Tax. It is a remuneration that employees or his associate like his spouse or children of an organization get not in the form of salary or wages. According to the legisl…
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