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The IRS is already thinking about including those perks as part of your taxable salary anyway...
by 727374 13y ago
The IRS is already thinking about including those perks as part of your taxable salary anyway...
- janjongboom 13y agoWhich is already the case in most Western European countries.
- runarb 13y agoThat has happened here in Norway. One normally get so heavily taxed when receiving a perk that it is normally give more economic sense to pay out of your own pocket instead. As a result very few have any real perks, except free cell phone. At list it makes it easier to compare job offers :)
- acgourley 13y agoThe company has to pay taxes on them already as most perks as considered compensation (except for a narrow class of business expenses, and health care). If the 3% was applied there it could avoid this issue.
- bjeanes 13y agoSounds similar to https://en.wikipedia.org/wiki/Fringe_benefits_tax_(Australia) https://en.wikipedia.org/wiki/Fringe_benefits_tax_(Australia... In Aus (and UK, I believe) you can "salary sacrifice" something like a car, phone, or computer. Essentially the employer buys it for you and just deducts payments from your paycheck towards it. It isn't income to you, but there is a fringe benefits tax. Some items, like computers and phones, are exempt from this tax though.
- arethuza 13y agoAs far as I know the only thing that works this way in the UK - there is as scheme where you can get a bicycle tax free and paid by deductions from your salary: http://www.cyclescheme.co.uk/ http://www.cyclescheme.co.uk/