abstract:Fringe benefits tax (FBT) within the system of taxation in New Zealand is the tax applied to most, although not all, fringe benefits ("perks"), including the ones provided through someone other than an employer. FBT is paid to Inland Revenue by the employer and is calculated with reference to the taxable value of the benefit provided to the employee or associate.
So things like tax deduction, things like fringebenefits that you get through your employer, the structure of government benefits, like Social Security, structurally, women of color are least likely to benefit from all of those types of wealth-building effects because of the types of jobs they have.
The Internal Revenue Service says it is examining both corporate and executive tax returns for abuses in eight areas of executive compensation, including fringebenefits.