Examples of FBTA Act in a sentence
Item 3 also modifies section 9 of the FBTA Act by omitting sub-subparagraph 9(2)(e)(ia)(B) which, for FBT purposes, enables the recipient of a car fringe benefit to give documentary evidence of his or her expenses in relation to the car to his or her employer.
The Guarantor and the Issuer are each ------------------- corporations duly formed, validly existing and in good standing under the laws of the state of Delaware.
Item 3 replicates this change to ensure trustees use the same method for calculating car fringe benefits in the bankruptcy context, as in the FBTA Act.
Accordingly, the following sections of the FBTA Act are modified in the manner described below.
Schedule 2 – Modifications of the FBTA Act As described in section 33 of the Regulations, Schedule 2 sets out the manner in which the FBTA Act is to be modified in its application to the bankruptcy context.
Unmodified section 9 of the FBTA Act provides a method for calculating the taxable value of a car fringe benefit by the application of a formula.
Item 3 – Section 9 Item 3 modifies section 9 of the FBTA Act by repealing that section and substituting it with a new section 9.
Schedule 2 modifies the FBTA Act, to ensure that its valuation rules work appropriately when applied in a bankruptcy context.
Regarding Table 7 – Key Groups, Vice Principal, Curriculum & Planning highlighted that all care experienced students are offered a support interview.
Amended FBT Act assessment, employer to give copy of to CommissionerAn employer who receives an amended assessment under the FBTA Act must give a copy of the amended assessment to the Commissioner within 30 days of receiving it.Penalty: $5 000.