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Question 1 What is FBT? Question 2 List the Categories of FBT? Question 3 John has received, as part of his employment package a reimbursement

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Question 1 What is FBT? Question 2 List the Categories of FBT? Question 3 John has received, as part of his employment package a reimbursement for a holiday to the Gold Coast worth $3000. Discuss how this should be treated from taxation perspective In all question you must cite the relevant legislation, cases and tax rulings as well as an example to illustrate your answers

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