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ATO stands by taxi definition for FBT

The Tax Office will not view Uber and similar ride-sourcing vehicles as taxis for the purpose of fringe benefits tax and the taxi travel exemption, following a lengthy consultation period.

ATO stands by taxi definition for FBT
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ATO stands by taxi definition for FBT

In late 2017, the ATO released a discussion paper for public consultation on the interpretation of “taxi” for FBT and the taxi travel exemption.

Read more at the Accountants Daily

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