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Car Parking Fringe Benefits – recommended legislative amendments

Published on 30 Jul 18 by THE TAX INSTITUTE

The Tax Institute considers that the taxation of car fringe benefits needs to be reviewed in light of the outcome in FCT v Qantas Airways Ltd [2014] FCAFC 168 (Qantas). The issues we have noted cannot be resolved by administrative means, so in this regard we have made several recommendations for legislative amendments. 

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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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