Tax and Superannuation Laws Amendment (2015 Measures No. 5) Act 2015 (162 of 2015)

Schedule 3   Limiting FBT concessions on salary packaged entertainment benefits

Fringe Benefits Tax Assessment Act 1986

8   After subsection 65J(2H)

Insert:

Salary packaged meal entertainment and entertainment facility leasing benefits

(2J) This subsection covers a benefit that is provided under a salary packaging arrangement if:

(a) the benefit is constituted by the provision of meal entertainment (as defined in section 37AD, whether or not the employer has elected that Division 9A of Part III apply to the employer); or

(b) the benefit is wholly or partly attributable to entertainment facility leasing expenses.