1 answer

During 2020 a company provides free meals to employees in its facility so that employees are...

Question:

During 2020 a company provides free meals to employees in its facility so that employees are available to help clients throughout the work hours. The employees can exclude the value of the meals​ eaten, and the company can fully deduct the meals provided to employees.

True or false?


Answers

Thae given statement is True.

Employer providing meals to employees at the working places. It is allowed deduction from tax treatment.

Employer pay for or providing meals to his employees is allowed 100℅ deduction from income.

  

.

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