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The personal use of an employer-provided cell phone will be treated as a de minimis fringe benefit. Some of the premium flagship phones available in
The personal use of an employer-provided cell phone will be treated as a de minimis fringe benefit. Some of the premium flagship phones available in the market range from $1,500 onward.
Is it justifiable to include such premium phones as de minimis fringe benefit considering the fact a significant tax revenue can be earned by the government?
Should there be a dollar cap on this type of nontaxable fringe benefit?
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