which one of the following benefits received from an employer would NOT result in a taxable benefit or taxable allowance to the employee? .. . A. Employer paid life insurance premiums for $20,000 of employee coverage. B A reasonable allowance of $0.45 per kilometer for driving on employer business. OC. Use of the employer's vehicle which is used 95% for employment purposes. O D. An interest free loan used to acquire shares of the employer