Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Cafeteria benefit plans
Languages : en
Pages : 116
Book Description
Tax Policy : Effects of Changing the Tax Treatment of Fringe Benefits
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Cafeteria benefit plans
Languages : en
Pages : 116
Book Description
Publisher:
ISBN:
Category : Cafeteria benefit plans
Languages : en
Pages : 116
Book Description
TAX POLICY: Effects of Changing the Tax Treatment of Fringe Benefits
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 113
Book Description
This year the Department of the Treasury is expected to forgo about $91 biffion in tax revenues because employer-provided fringe benefits are excluded from taxable income. The size of these tax expenditures as well as the uneven coverage of employer-provided fringe benefits across the workforce have prompted proposals to change their tax treatment in an effort to either (1) restrict the extent of subsidized benefits to reduce the deficit or lower income tax rates or (2) expand benefit coverage. Before attempts are made to change the current tax treatment, GAO believes that an evaluation of the current system of fringe benefit tax subsidies would be beneficial. For this review, GAO focused on (1) the history and background of the tax-preferred status of these benefits, (2) the percentage of workers receiving benefits and the types of benefits received, (3) estimated taxes forgone for these benefits, and (4) how changes in employee benefits tax policy might affect tax equity among different groups and the level of benefits provided. This report describes selected fringe benefits and contains statistical information about employers who provide them and employees who receive them. In this report, GAO also discusses implications of changing the tax treatment of fringe benefits, focusing particularly on some representative types of proposals that proponents say will achieve particular equity and efficiency goals. However, GAO does not take a position on whether changes in fringe benefit tax policies should be adopted.
Publisher:
ISBN:
Category :
Languages : en
Pages : 113
Book Description
This year the Department of the Treasury is expected to forgo about $91 biffion in tax revenues because employer-provided fringe benefits are excluded from taxable income. The size of these tax expenditures as well as the uneven coverage of employer-provided fringe benefits across the workforce have prompted proposals to change their tax treatment in an effort to either (1) restrict the extent of subsidized benefits to reduce the deficit or lower income tax rates or (2) expand benefit coverage. Before attempts are made to change the current tax treatment, GAO believes that an evaluation of the current system of fringe benefit tax subsidies would be beneficial. For this review, GAO focused on (1) the history and background of the tax-preferred status of these benefits, (2) the percentage of workers receiving benefits and the types of benefits received, (3) estimated taxes forgone for these benefits, and (4) how changes in employee benefits tax policy might affect tax equity among different groups and the level of benefits provided. This report describes selected fringe benefits and contains statistical information about employers who provide them and employees who receive them. In this report, GAO also discusses implications of changing the tax treatment of fringe benefits, focusing particularly on some representative types of proposals that proponents say will achieve particular equity and efficiency goals. However, GAO does not take a position on whether changes in fringe benefit tax policies should be adopted.
Tax Policy
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719142250
Category :
Languages : en
Pages : 116
Book Description
Tax Policy: Effects of Changing the Tax Treatment of Fringe Benefits
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719142250
Category :
Languages : en
Pages : 116
Book Description
Tax Policy: Effects of Changing the Tax Treatment of Fringe Benefits
Tax Policy
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Cafeteria benefit plans
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category : Cafeteria benefit plans
Languages : en
Pages : 0
Book Description
TAX POLICY: Effects of Changing the Tax Treatment of Fringe Benefits
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 113
Book Description
This year the Department of the Treasury is expected to forgo about $91 biffion in tax revenues because employer-provided fringe benefits are excluded from taxable income. The size of these tax expenditures as well as the uneven coverage of employer-provided fringe benefits across the workforce have prompted proposals to change their tax treatment in an effort to either (1) restrict the extent of subsidized benefits to reduce the deficit or lower income tax rates or (2) expand benefit coverage. Before attempts are made to change the current tax treatment, GAO believes that an evaluation of the current system of fringe benefit tax subsidies would be beneficial. For this review, GAO focused on (1) the history and background of the tax-preferred status of these benefits, (2) the percentage of workers receiving benefits and the types of benefits received, (3) estimated taxes forgone for these benefits, and (4) how changes in employee benefits tax policy might affect tax equity among different groups and the level of benefits provided. This report describes selected fringe benefits and contains statistical information about employers who provide them and employees who receive them. In this report, GAO also discusses implications of changing the tax treatment of fringe benefits, focusing particularly on some representative types of proposals that proponents say will achieve particular equity and efficiency goals. However, GAO does not take a position on whether changes in fringe benefit tax policies should be adopted.
Publisher:
ISBN:
Category :
Languages : en
Pages : 113
Book Description
This year the Department of the Treasury is expected to forgo about $91 biffion in tax revenues because employer-provided fringe benefits are excluded from taxable income. The size of these tax expenditures as well as the uneven coverage of employer-provided fringe benefits across the workforce have prompted proposals to change their tax treatment in an effort to either (1) restrict the extent of subsidized benefits to reduce the deficit or lower income tax rates or (2) expand benefit coverage. Before attempts are made to change the current tax treatment, GAO believes that an evaluation of the current system of fringe benefit tax subsidies would be beneficial. For this review, GAO focused on (1) the history and background of the tax-preferred status of these benefits, (2) the percentage of workers receiving benefits and the types of benefits received, (3) estimated taxes forgone for these benefits, and (4) how changes in employee benefits tax policy might affect tax equity among different groups and the level of benefits provided. This report describes selected fringe benefits and contains statistical information about employers who provide them and employees who receive them. In this report, GAO also discusses implications of changing the tax treatment of fringe benefits, focusing particularly on some representative types of proposals that proponents say will achieve particular equity and efficiency goals. However, GAO does not take a position on whether changes in fringe benefit tax policies should be adopted.
Tax Treatment of Employee Fringe Benefits
Author: United States. Congress. House. Committee on Ways and Means. Task Force on Employee Fringe Benefits
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 400
Book Description
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 400
Book Description
Tax Treatment of Fringe Benefits
Author: Donald C. Lubick
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 32
Book Description
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 32
Book Description
Overview of the Tax Treatment of Fringe Benefits
Author:
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 24
Book Description
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 24
Book Description
Overview of the Tax Treatment of Fringe Benefits
Author:
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 36
Book Description
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 36
Book Description
Fringe benefits
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 1074
Book Description
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 1074
Book Description