2 ms·
The food is a bit of a actual perk. That's why it's common to be taxed (benefit-in-kind). The tax man knows that employees/employers would be able to pay money
by rmc 13y ago
The food is a bit of a actual perk. That's why it's common to be taxed (benefit-in-kind). The tax man knows that employees/employers would be able to pay money to employees without paying tax by giving many non-money benefits.
- patio11 13y agoThat's why it's common to be taxed (benefit-in-kind) It is not the practice of the United States to tax certain types of food benefits, including (almost certainly) the way in which tech companies customarily deliver food to their workers. You can read the test here: http://www.irs.gov/publications/p15b/ar02.html http://www.irs.gov/publications/p15b/ar02.html Search for: [Meals on Your Business Premises] I am not a tax accountant, I am not your tax accountant, etc, but I'm 99%+ sure that I'm right on this with regards to the IRS.