4.1ÌýÌýÌýÌý Fringe benefits
Fringe benefits that an employer provides to an employee are taxable benefits and are included in the employee's income unless it is specifically excludable under the tax rules. The amount that is includable in the employee's income is the value of the provided benefit less:
- Ìý
•ÌýÌýÌýÌý the amount that is excluded by law, and
- Ìý
•ÌýÌýÌýÌý the amount that the employee paid for the benefit
The cost or value of fringe benefits are generally included in the taxable wages of the employee and is subject to withholding
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Web page updated on 17 Mar 2025 15:25