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fringe benefits |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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fringe benefits, n.pl the benefits, other than wages or salary, provided by an employer for employees (e.g., health insurance, vacation time, disability income). 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. |
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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. 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. The labor agreement states that fringe benefits provided to the support staff will be the same as the fringe benefits provided to the teachers. |
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