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Taxation law, accounting, Basic Statistics
An employer provides taxable fringe benefits of $11,000 (GST inclusive) for his
employees during the relevant period, all being for creditable purposes and
input tax credits of $1,000 were claimed (i.e. type I benefits). No non-exempt
or type 2 benefits were provided.
Explain and calculate FBT liability. What is the after - tax cost to the
employer of providing the benefits?
Posted Date: 2/9/2012 8:18:06 PM | Location : United States
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