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Commentary

1.3.2 Fringe benefits tax

Australia

If fringe benefits tax (FBT) instalments are required to be paid, the associated fringe benefits and instalments are reported on the quarterly business activity statements (BAS).

The BAS is pre-populated by the Australian Taxation Office (ATO) with a default amount payable, based on the previous year's FBT liability. This can be varied if the

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