Answer in according to australian tax laws regulation and standard ...

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Accounting

Answer in according to australian tax laws regulation and standard
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ABC Limited has provided fringe benefits during the current FBT year. The taxable value of Type 1 benefits amounted to $43,260. The taxable value of Type 2 benefits amounted to $31,715. The company has also paid the following instalments during the year: REQUIRED: Calculate FBT payable by ABC for the current FBT year

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