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Mr. and Mrs. Success run a small business and employ their older child Tyler. They give Tyler a birthday and Christmas present each year while
Mr. and Mrs. Success run a small business and employ their older child Tyler. They give Tyler a birthday and Christmas present each year while he is employed in the business. Some years later, after Tyler has ceased to work in the business, the parents give him an expensive car as a wedding present. Is the present a fringe benefit as Tyler is the employee of the business explain your opinion.
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