fringe benefit - Hutchinson encyclopedia article about fringe benefit Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,760,873,330 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

fringe benefit

   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia 0.03 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.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
?Sign in SSL protected
Email:
Password:
Register

? Mentioned in ? References in periodicals archive
No references found
 
Thus, there is no fringe benefit paid to the 2% shareholder, Sec.
Beyond wages to lower-bracket children, consider compensation from a C corporation (or a proprietor to a spouse) to gain fringe benefit advantages.
Under long-established law, when a corporate officer uses a company jet for his own personal reasons, unrelated to the business of the company, the use of that company plane is considered a fringe benefit and the officer has to recognize the value of that fringe benefit as additional compensation on his personal income tax return.
 
Hutchinson browser? ? Full browser
 
 
Hutchinson Encyclopedia
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.