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IT 2494 - Income tax : cars and other fringe benefits supplied to employee/partners of administration entities

Overview

PREAMBLE This Ruling considers whether it is acceptable for income tax purposes for administration entities set up to provide administration services to professional practices to provide cars and other fringe benefits to employee/partners i.e., employees of the administration entity who are also partners in the professional practice entity. The same question arises with combined administration/service...

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