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Fringe Benefits Tax
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Everything about Fringe Benefits Tax totally explained

Fringe Benefits Tax (FBT) is the taxation of most, but not all fringe benefits, which are generally non-cash employee benefits. The rationale behind FBT is that it helps restore equity and fairness to those employees who don't receive such benefits, and allows a Federal Government to more fairly assess taxpayer entitlement to government benefits, or liability to government taxes or levies.
   This kind of taxation is done in a number of countries and the applicable laws vary. See the corresponding articles for details. Further Information

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