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3) Which of the following is a taxable benefit? (a) A cash Christmas gift to an employee from the employer valued at $450. (b) Payment
3) Which of the following is a taxable benefit? (a) A cash Christmas gift to an employee from the employer valued at $450. (b) Payment of the tuition for an employee completing a degree that will benefit the employer. (c) A 20% discount on the employer's merchandise, available to all employees. (d) Subsidized meals offered to all employees of the company assuming the price is approximately equal to the cost
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