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1 . Explain the differences and similarities between fringe benefits and salary as forms of compensation. 2 . When an employer provides group - term
Explain the differences and similarities between fringe benefits and salary as forms of compensation. When an employer provides groupterm life insurance to an employee, what are the tax consequences to the employee? What are the tax consequences to the employer? Explain the policy reason for including the value of a country club membership provided to an executive as a taxable fringe benefit.
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