Jeremy is employed as a lawyer. His employer pays him $90 per week to cover the costs

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Jeremy is employed as a lawyer. His employer pays him $90 per week to cover the costs of any law magazines he may want to purchase.

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Is the allowance a fringe benefit? (200 words)

Related Book For answer-question

Canadian Income Taxation Planning And Decision Making

ISBN: 9781259094330

17th Edition 2014-2015 Version

Authors: Joan Kitunen, William Buckwold

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Posted Date: Apr 19, 2023 06:02 AM

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Jeremy is employed as a lawyer. His employer pays him $90 per week to cover the costs

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Expert Answer:

Yes the allowance provided by Jeremys employer for law magazines can be considered a fringe benefit ... View the full answer

Canadian Income Taxation Planning And Decision Making

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