Section RM 9 — Income Tax Act 2007: Calculations for attributed and non-attributed fringe benefits

RM 9 Calculations for attributed and non-attributed fringe benefits When this section applies (1) This section applies when an employer chooses to pay fringe benefit tax (FBT) under sections RD 47 to RD 53 (which relate to attributed fringe benefits and non-attributed fringe benefits). Result of calculations (2) If the result of the calculations of FBT on attributed fringe benefits or non-attributed fringe benefits is negative, the Commissioner must refund to the employer an amount equal to the deficiency. Defined in this Act: amount , Commissioner , employer , FBT , pay , Compare: 2004 No 35 s ND 10(4)(a)