Tax Policy : Effects of Changing the Tax Treatment of Fringe Benefits
Author: United States. General Accounting Office
Publisher:
Published: 1992
Total Pages: 116
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: United States. General Accounting Office
Publisher:
Published: 1992
Total Pages: 116
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1992
Total Pages: 113
ISBN-13:
DOWNLOAD EBOOKThis 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.
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
Published: 2018-05-14
Total Pages: 116
ISBN-13: 9781719142250
DOWNLOAD EBOOKTax Policy: Effects of Changing the Tax Treatment of Fringe Benefits
Author: United States. General Accounting Office
Publisher:
Published: 1992
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1992
Total Pages: 113
ISBN-13:
DOWNLOAD EBOOKThis 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.
Author: United States. Congress. House. Committee on Ways and Means. Task Force on Employee Fringe Benefits
Publisher:
Published: 1978
Total Pages: 400
ISBN-13:
DOWNLOAD EBOOKAuthor: Donald C. Lubick
Publisher:
Published: 1978
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1984
Total Pages: 24
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1984
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on Labor
Publisher:
Published: 1985
Total Pages: 380
ISBN-13:
DOWNLOAD EBOOK