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Letter to Treasury requesting a legislative amendment for car parking fringe benefits

Published on 19 Dec 19 by THE TAX INSTITUTE

In light of the release of draft Draft Taxation Ruling TR 2019/D5 Fringe Benefits Tax: car parking benefits and Draft FBT Guide for Employers Chapter 16 – Car parking fringe benefits recently issued for public consultation by the Australian Taxation Office (ATO), The Tax Institute is resubmitting its submission made to Treasury on 20 July 2018 recommending legislative changes required to be made to ‘car parking fringe benefits’ legislation in the Fringe Benefits Tax Assessment Act 1986 (Cth).

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THE TAX INSTITUTE
The Tax Institute is Australia's leading professional association and educator in tax, with offices in most major cities. Focusing solely on tax, the Institute provides the best resources, education and networks. Our mission is to equip tax professionals with everything they need to demonstrate the highest level of expertise and increase the advancement of public knowledge and understanding. We are also committed to propelling members into the future and onto the global stage with the introduction of the Chartered Tax Adviser designation.
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