Document ID: chunk:federal_register_of_legislation:C2025C00120:section:55
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 55
Character Range: 198482–199126

55  Benefits provided by certain international organisations to be exempt
  A benefit provided in respect of the employment of an employee of an employer is an exempt benefit if:
 (a) the employer is an organisation that, but for subsections 66(2) and (3), would be exempt from a liability to pay tax in respect of the benefit by virtue of the operation of the International Organisations (Privileges and Immunities) Act 1963; or
 (b) the employer is an organisation established by an agreement to which Australia is a party and which obliges Australia to grant the employer an exemption from a liability to pay tax in respect of the benefit.