Multiple Select Question

Select all that apply

Which of the following characteristics apply to taxable fringe benefits?

Employers may NOT discriminate between employees, but must offer the same taxable fringe benefits to all employees regardless of compensation level.

Employees are taxed on the value of the benefit, rather than the cost paid for the benefit.

The cost of the taxable fringe benefit is deductible to the employer, not the value of the benefit$-$to the employee.

Employers treat the taxable fringe benefits the same as cash compensation.