1. The code affords preferential treatment to many benefits conferred by employers on employees. Items excluded from GI included meals and lodging (119), employer provided life insurance and health insurance (79, §106).
2. The code provides for the exclusion form gross income of any fringe benefit that qualifies as an employee benefit at no additional cost to the employer, and employee discount, a working condition fringe, a de minimis fringe, a transportation fringe, or a moving expense reimbursement (132).
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