Fringe Benefits Tax

Fringe Benefits Tax

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 do not 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.

*Fringe Benefits Tax (Australia)
*Fringe Benefits Tax (New Zealand)
*Fringe Benefits Tax (India)


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  • Fringe Benefits Tax (India) — Fringe Benefits Tax (FBT) is the tax applied to most, although not all, fringe benefits. A new tax was imposed on employers by India s Finance Act 2005 introduced for the financial year commencing April 1, 2005. The following items are covered:… …   Wikipedia

  • Fringe Benefits Tax (Australia) — Fringe Benefits Tax (FBT) is the tax applied by the Australian Taxation Office (ATO) to most, although not all, fringe benefits, which are generally non cash benefits. Most fringe benefits are also reported on employee payment summaries for… …   Wikipedia

  • Fringe Benefits Tax (New Zealand) — Fringe Benefits Tax (FBT) within the system of taxation in New Zealand is the tax applied to most, although not all, fringe benefits ( perks ), including the ones provided through someone other than an employer. FBT is paid to the Inland Revenue… …   Wikipedia

  • fringe benefits tax — noun a tax on fringe benefits gained by employees. Abbrev.: FBT …  

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  • IRS Publication 15-B - Employer's Tax Guide to Fringe Benefits — A document published by the Internal Revenue Service that provides employers with guidance on how to account for fringe benefits when filing tax documents. Fringe benefits are non cash benefits provided to persons who perform services to a… …   Investment dictionary

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