TR 2007/12 - Fringe benefits tax: minor benefits

What this Ruling is about 1. This Ruling sets out the Commissioner's views on the application of the minor benefits exemption in section 58P of the Fringe Benefits Tax Assessment Act 1986 (FBTAA). 2. In this Ruling all legislative references are references to the FBTAA unless otherwise indicated. 3. This Ruling clarifies that a minor benefit that...