Tax Laws Amendment (2008 Measures No. 5) Act 2008 (145 of 2008)
Schedule 4 Fringe benefits tax
Part 1 Main amendments
Fringe Benefits Tax Assessment Act 1986
18 Paragraph 24(7)(b)
Omit "the amount (in this subsection called the reducing amount ) by which the taxable value, but for subsection (1) and Division 14, of the fringe benefit is reduced under", substitute "representing the component ND in the formula in".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
