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Fringe Benefits Tax Assessment Act 1986
73Default assessments
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73 Default assessments
Where: (a) an employer has not furnished a return in respect of a year of tax; and (b) the Commissioner is of the opinion that the employer is liable to pay tax in respect of that year; the Commissioner may, whether during that year or after the end of that year, make an assessment of: (c) the fringe benefits taxable amount of the employer of the year of tax; and (d) the amount of tax payable on that fringe benefits taxable amount.