The Internal Revenue Service and the Treasury Department have released their Priority Guidance Plan for 2014 to 2015, including the treatment of employer-provided meals.
Some observers are concerned that the IRS plans to tax the free meals that technology companies such as Google, Facebook and Twitter provide to employees in their cafeterias, according to The Wall Street Journal, considering them a taxable fringe benefit. However, the article pointed out that the meals would not be taxable if they are offered for a “noncompensatory” reason for the “convenience of the employer.”
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