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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 ...
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
The Hale Koa Hotel, which means House of the Warrior in Hawaiian, is an Armed Forces Recreation Center (AFRC) resort hotel located on Waikiki Beach and owned by the United States Department of Defense. It sits on the southeast corner of Fort DeRussy on the western end of Waikiki in Honolulu.
Shades of Green is a resort owned by the United States Department of Defense (DOD) in Bay Lake, Florida on the Walt Disney World Resort property near Orlando.While the resort is on the Walt Disney World Resort, it is annexed as a military resort.
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On January 13 2017, the Department of Defense announced that all honorably discharged Veterans would be eligible to shop tax-free online Military Exchanges starting November 11, 2017. [3] The expanded benefit is expected to make online Exchange privileges available to as many as 13 million Veterans. [ 4 ]
What’s tax-free: Clothing: $125 or less per item. Laptop or tablet computers: $500 or less per item. School instruction material: $20 or less per item. School supplies: $50 or less per item.