Tax Free Fringe Benefits

116 Pages Posted: 27 Jun 2012 Last revised: 19 Feb 2015

See all articles by Ivor Richardson

Ivor Richardson

Victoria University of Wellington, Faculty of Law (Deceased)

Robin Congreve

Independent

Date Written: 1975

Abstract

The Land and Income Tax Act 1954 was interpreted by the courts to provide a uniquely favorable tax status being granted to employee fringe benefits. The term "fringe benefit" describes those benefits passed by an employer to an employee other than the payment of wages and salaries. Tax Free Fringe Benefits aims to provide an account of the various types of fringe benefits, and how they may have been adopted to benefit both employer and employee under the Land and Income Tax Act 1954.

Abstract by Holly Hill.

Keywords: fringe benefits, tax avoidance, Land and Income Tax Act 1954, employment, allowances, compensation, gratuity, emolument, convertibility, payment in kind

JEL Classification: E24, H24, H26, H29, J33, J39, K34, M52

Suggested Citation

Richardson, Ivor and Congreve, Robin, Tax Free Fringe Benefits (1975). Sydney, Rydge Publications Pty Ltd, 1975, Victoria University of Wellington Legal Research Paper Series Richardson Paper No. 10, Available at SSRN: https://ssrn.com/abstract=2092376

Ivor Richardson (Contact Author)

Victoria University of Wellington, Faculty of Law (Deceased)

Robin Congreve

Independent ( email )

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