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A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...
Did you sell any concert or event tickets on an online resale site such as StubHub or Ticketmaster in 2023? Many Americans did -- StubHub reports that 83% of ticket sellers for U.S. concerts on ...
Business. Entertainment. Fitness. Food. Games. ... Performance and event tickets would be taxed at 5% while sporting event tickets would be taxed at 3% under a limit set by state law.
Under US Internal Revenue Service Code § 132(a)(4), “de minimis fringe” benefits provided by the employer can be excluded from the employee’s gross income. [1] “ De minimis fringe” means any property or service whose value (after taking account of the frequency with which the employer provides smaller fringes to his employees) is so small as to make accounting for it unreasonable or ...
Ticketmaster is a long-standing and trusted platform for buying and selling sports tickets. With over 30 years in the business, it offers a wide range of full-price original tickets, as well as ...
Ticket resellers use several different means to secure premium and previously sold-out ticket inventories (potentially in large quantities) for events such as concerts or sporting events. Established resellers may operate within networks of ticket contacts, including season ticket holders, individual ticket resellers, and ticket brokers.
The Jack Dempsey vs. Georges Carpentier world heavyweight championship bout on July 2, 1921, at Boyle's Thirty Acres in Jersey City, New Jersey was the first ever boxing fight to produce a "million dollar gate", doubling the previous record, with receipts of $1,789,238 from an official attendance of 80,183, the largest gate and attendance for a sporting event in the United States at the time.
Professional sports leagues also saw huge jumps in the average price of their tickets. According to LiveNation, on-site spending for food, drinks and merchandise rose by more than 10% from 2019 to ...
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