Fringe Benefits Tax
From Wikipedia, the free encyclopedia
Fringe Benefits Tax (FBT) is a 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.
This kind of taxation is done in a number of countries and the applicable laws vary. See the corresponding articles for details.
 |
This economics or finance-related article is a stub. You can help Wikipedia by expanding it. |
