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BullNBear52

06/30/21 10:37 AM

#46831 RE: scion #46827

Donald Trump said in a Monday statement that his dealings are “standard practice throughout the U.S. business community, and in no way a crime.”

Fringe benefits and bonuses are taxable at the supplemental rate per the IRS and NYS.


https://www.tax.ny.gov/pdf/publications/withholding/nys50_t_nyc.pdf

The employer can gross up the payment to make the employee whole but taxes must be paid.