“Staffers at technology companies such as Google Inc., Facebook Inc. and Twitter Inc. long have enjoyed free gourmet meals, courtesy of their employers. The groaning buffets, in-house pizza joints, and kitchens stocked with organic produce are an intrinsic part of the culture in much of Silicon Valley, encouraging both collaboration and longer work hours. The IRS, arguing that these freebies are a taxable fringe benefit, has given new attention to the issue in recent months, tax lawyers said. When employers haven’t been withholding taxes related to the meals, the IRS increasingly has sought back taxes that can amount to 30% of the meals’ fair-market value, the lawyers said.”
http://online.wsj.com/articles/silicon-valley-cafeterias-whet-appetite-of-irs-1409612488
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