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fringe benefit
(redirected from Fringe benefits)

    Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.02 sec.

fringe benefit

Perk given to employees in addition to their wage or salary. Fringe benefits include company cars, health insurance, pensions, subsidized lunches, favourable loan facilities, or other kinds of rewards. Fringe benefits are usually taxable on the value of the benefit. However, companies may often try to keep ahead of the revenue authorities by devising innovative benefits not covered by existing tax legislation.



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Or in some cases, a C corporation, kept lean with only business operating assets, can add further tax efficiencies by allowing a greater array of tax-deductible fringe benefits.
Taxing Matters by Andrew R. Biebl by Top Producer
For certain fringe benefits (such as health insurance premiums) paid by the S corporation, the entity is treated as a partnership; any shareholder who owns more than 2% of the S stock will be treated as a partner of such partnership under Sec.
Health insurance for S corp. shareholders by Ziegler, Raymond J. / The Tax Adviser
The labor agreement states that fringe benefits provided to the support staff will be the same as the fringe benefits provided to the teachers.
Spousal conflicts of interest by Lewis, Shana R. / School Administrator
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