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Fringe Benefits Tax Assessment Act 1986
18Taxable value of loan fringe benefits
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#### 18 Taxable value of loan fringe benefits
(1) Subject to this Part, the taxable value, in relation to a year of tax, of a loan fringe benefit provided in respect of the year of tax is the amount (if any) by which the notional amount of interest in relation to the loan in respect of the year of tax exceeds the amount of interest that has accrued on the loan in respect of the year of tax.