Pre-tax parking and transportation benefits.

The Tax AdviserVol. 30 Nbr. 7, July 1999

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Pre-tax parking and transportation benefits.

Legislation enacted last year has expanded significantly the transportation benefits an employer can offer its employees on a tax-free basis.

Background

Sec. 132(f) defines a "qualified transportation fringe" as any of the following provided by an employer to an employee: (1) transportation in...

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