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The Taxation Institute's FBT Subcommittee, chaired by Elizabeth Lucas FTIA (Grant Thornton), met on Wednesday 12 October 2010. Items on the agenda for discussion included Taxation Ruling TR 2010/6: PAYG Withholding and FBT: tax consequences on the issue, holding and redemption of bonus units as part of an employee benefits trust arrangement and possible issues for 11 November 2010 NTLG FBT meeting. 

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