39CTaxable value of car parking fringe benefits—commercial parking station method

#### 39C Taxable value of car parking fringe benefits—commercial parking station method Subject to this Part, the taxable value, in relation to an FBT year, of a car parking fringe benefit provided on a day in the FBT year in connection with one or more premises is equal to: (a) if, on that day, there is only one commercial parking station located within a 1 km radius of any of those premises—the lowest fee charged by the operator of the parking station in the ordinary course of business to members of the public for all‑day parking on that day; or (b) if, on that day, there are 2 or more commercial parking stations located within a 1 km radius of any of those premises—the lowest fee charged by any of the operators of those parking stations in the ordinary course of business to members of the public for all‑day parking on that day; reduced by the amount of the recipients contribution.