Miscellaneous Taxation Ruling
MT 2021W
Fringe benefits tax : response to questions by major rural organisation
May be releasedI 1210072
Notice of Withdrawal
Miscellaneous Taxation Ruling MT 2021 is withdrawn with effect from today.
1. MT 2021 was issued on 25 August 1986 in response to a number of questions raised by primary industry concerning the practical application of fringe benefits tax. The questions raised and answers provided at that time were of concern following the commencement of the Fringe Benefits Tax Assessment Act 1986 on 1 July 1986.
2. However, since that advice was originally provided there have been numerous legislative changes that are not recognised in MT 2021 and as such, some answers provided no longer reflect the current legislative provisions.
3. The advice provided in MT 2021 has, over time, been incorporated into numerous public advice products including public rulings and the FBT; a guide for employers to the extent that such advice is still required and reflective of the current operation of the law.
4. Therefore, as MT 2021 is no longer required this Ruling is being withdrawn.
Commissioner of Taxation
16 March 2016
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