Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)
Schedule 3 Miscellaneous amendments
Part 2 Amendments commencing first day of the next quarter
Fringe Benefits Tax Assessment Act 1986
68 Subsection 136(1) (paragraph (p) of the definition of fringe benefit)
Repeal the paragraph, substitute:
(p) a payment made, or liability incurred, to a person to the extent that the payment or liability is non-assessable non-exempt income (within the meaning of the Income Tax Assessment Act 1997) of the person because of subsection 26-35(4) of that Act; or
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).
