Definition of fringe benefit in English:
An extra benefit supplementing an employee’s salary, for example, a company car, subsidized meals, health insurance, etc.
- Some important sources of income, like fringe benefits paid for by employers and in-kind welfare benefits, are excluded.
- Current law taxes the fringe benefits of these shareholders.
- Outcomes refers to salaries, recognition, fringe benefits, seniority rights and the like.
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