The value of meals and lodging furnished to the employee by the employer on the business premises for the employer's convenience is not included in the income of the employee. The employer's expenses are deductible.
Origin: IRC § 119
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2017
FY2018
FY2019
FY2020
FY2021
Personal Income Tax
Exclusions from Gross Income
1.018
Exemption of Meals and Lodging Provided at Work
The value of meals and lodging furnished to the employee by the employer on the business premises for the employer's convenience is not included in the income of the employee. The employer's expenses are deductible.
<a href="http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000119----000-.html" target="_blank">IRC § 119</a>
19.5
19.0
21.2
21.6
22.8
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