Multiple choice

FBT stands for

  1. Foreign Benefit Tax

  2. Fringe Benefit Tax

  3. Fringe Breeder Tax

  4. Fringe Benefit Test
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

FBT stands for Fringe Benefit Tax, which is a tax applied to the benefits that employers provide to their employees in addition to their regular salary. It ensures that non-cash benefits are also brought into the tax net.

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