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Which of the Following Statements is True for the Way

Question 2

Multiple Choice

Which of the following statements is true for the way in which any fringe benefits tax liability is calculated?


A) Taxable value of benefit x Gross-up factor x FBT rate
B) Taxable value of benefit x FBT rate
C) Gross-up factor x FBT rate
D) (Taxable value of benefit - gross-up factor) x FBT rate

Correct Answer:

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