Airports and car parking benefits - the saga continues

As detailed by Hayley Lock and George Cressey, this is the third fringe benefits tax case centred on airport car parking in the last decade.

The Full Federal Court in Commissioner of Taxation vs Virgin Australia Regional Airlines Pty Limited [2021 FCAFC 209] has upheld the Commissioner’s appeal in relation to the existence of taxable car parking fringe benefits where the taxpayer provided car parking spaces to aircrew employees at their “Home Base” airport. This is the third fringe benefits tax case centred on airport car parking in the last decade. The key elements of the definition of car parking fringe benefit in section 39A ...

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Authors: Hayley Lock, George Cressey

Published Date: 24 November 2021