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But obviously this is one variable that can be highly fudged. They can provide apartments at 1/3 the normal cost, but claim to be charging you rent. Or, if you

But obviously this is one variable that can be highly fudged. They can provide apartments at 1/3 the normal cost, but claim to be charging you rent. Or, if you want to go further, have those rooms "available" for guest faculty and you're just holding the key. Or, well, this is how it's done in some places in Europe, where benefits "in kind" are "taxed". Except they're not taxed. You can't make that happen.

rayiner 9y ago
You can fudge a bit but not that much. In an audit, it's pretty easy to notice if your company is leasing out employees an apartment for 1/3 of market rate. Few companies are going to risk tax fraud charges for that. It's particularly difficult in the case (as with universities) where you're literally in the business of selling the same product a particular price to other people.