Document ID: chunk:federal_register_of_legislation:C2025C00120:section:37ba
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 37BA
Character Range: 132164–132801

37BA  Taxable value using 50/50 split method
  If this Division applies to an employer for an FBT year then, unless the employer elects that Subdivision C applies, the total taxable value of meal entertainment fringe benefits of the employer for the FBT year is 50% of the expenses incurred by the employer in providing meal entertainment for the FBT year.
Note: This means that the employer's aggregate fringe benefits amount (see section 5C) for the FBT year will include 50% of the total expenses incurred by the employer for the provision of meal entertainment to all persons in the FBT year.

Subdivision C—12 week register method