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fringe benefits |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.01 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). |
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? Mentioned in | ? References in periodicals archive | |
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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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