Businesses decry proposed tax on flex benefits

Carlson, Leah
May 2005
Employee Benefit News;5/1/2005, Vol. 19 Issue 6, p11
Focuses on the efforts of employer groups in lobbying against a proposal by the Joint Committee on Taxation to levy a federal tax on employee benefits that are offered through cafeteria plans in the U.S., as of May 2005. Role of the proposal in making the flexible benefits subject to Federal Insurance Contributions Act taxes; Reasons behind the opposition expressed by employer groups; Potential consequences of the proposal for employees.


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