No FBT for some car parking

by

Ed.

From bdo.com.au: A Federal Court ruling declared a Toowoomba shopping centre car park as non-commercial for Fringe Benefits Tax purposes, contradicting ATO’s Taxation Ruling TR 2021/2.

The ruling impacts employers who might not have to incur FBT for employee parking and poses potential for the Commissioner to appeal or amend the ATO ruling.

Filed under: FBT

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