Chana contributed $6000 for 50% interest in a mobile boutique. She also contributed a point of sale system with a market value of $900 and adjusted basis of $600.the boutique earned a profit of $18000. What is Chana partnership basis

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.